Differences in Weather and Climate Create Opportunities for

question 34

Multiple Choice

Differences in weather and climate create opportunities for

• A) concentrated targeting.
• B) geographic segmentation.
• C) benefit segmentation.
• D) psychographic segmentation.
• E) demographic segmentation.

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Definitions:

World Systems Theorist

A scholar who analyzes societies in terms of systemic inequalities and hierarchical relationships on a global scale, particularly focusing on the economic dynamics between countries.

Globalization

Refers to the process of interaction and integration among people, companies, and governments worldwide, leading to the exchange of ideas, products, and cultures.

Diversification

Diversification is the strategy of entering into new markets or creating new products to spread risk and reduce dependence on a single source of income or success.

Command Economy

An economic system wherein the government or central authority makes all decisions regarding the production and distribution of goods and services.