Policies

question 1

Multiple Choice

Policies:

• A) prescribe how certain activities will be carried out.
• B) are broad guidelines used to assist lower-level managers to handle recurring problems.
• C) ensure that all budgets will be prepared using the same format.
• D) all of the above.
• Two of A, B, and C.

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Definitions:

Demographic Segmentation

The division of a market into segments based on demographic factors such as age, gender, income, education, and family size.

Geographic Segmentation

The division of a market into different geographical units such as countries, states, regions, or cities, allowing for targeted marketing strategies based on location-specific preferences or needs.

Microblog

A platform for short, concise posts, allowing users to share quick updates and information, such as Twitter.

Support Networks

include groups or systems providing assistance, resources, and emotional support to individuals facing challenges or requiring help.