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In Segmenting Business Markets Based on Behavior,the Two Most Common

question 92

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In segmenting business markets based on behavior,the two most common variables used are dollar value of revenue generated and size of advertising and sponsorship budget.


Definitions:

Corporate Fraud

Illegal activities undertaken by individuals or companies in a deceitful manner, intending to gain an unfair advantage.

Financial Reporting

The method of generating reports that reveal a company's financial condition to its management, investors, and governmental bodies.

Civil Law

A legal system based on written codes and statutes, in contrast to common law, which is based on judicial decisions.

McCarran-Ferguson Act

A United States federal law that exempts insurance businesses from most federal regulation, allowing states to regulate the insurance industry.

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