As a New Employee with Medium-Sized Business in Toronto Focusing

question 33

Multiple Choice

As a new employee with medium-sized business in Toronto focusing on home outfitting,you analyze each of the different business areas: flooring,lighting,and furniture separately to understand the profit margins in each area.Which tool did you likely use?

• A)target marketing
• B)business portfolio analysis
• C)marketing strategic planning
• D)market segmentation

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Definitions:

Pursue Freedom

The act or process of seeking or striving for liberty and autonomy in one's life or society, often from oppression or restrictions.

American Colonies

The original thirteen British colonies in North America that declared independence in 1776 to form the United States.

1700s

The 18th century, a period marked by significant changes worldwide, including enlightenment thinking, industrial advances, and the American and French revolutions.

Enslaved African People

Individuals of African descent who were forcibly brought under control and used for labor, predominantly in the Americas, during the transatlantic slave trade period.