Segmentation Based on Where Prospective Customers Live or Work Is

question 152

Multiple Choice

Segmentation based on where prospective customers live or work is referred to as

• A)zip code segmentation.
• B)geographic segmentation.
• C)regional segmentation.
• D)MSA segmentation.
• E)NAICS code segmentation.

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Definitions:

Normal Credit Balance

The usual balance side of an account that increases its value, typically used for liabilities, revenues, and equity accounts.

Withdrawals

Money taken out from a business by its owner(s) for personal use, reducing the owner's equity in the business.

Assets

Economic resources owned by a business or individual that are expected to benefit future operations.

Expenses

Financial outlays or obligations incurred by a company as part of its operational activities, leading to a reduction in owners' equity.