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Geodemographic Segmentation Can Be Particularly Useful for ________, Because Customers

question 37

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Geodemographic segmentation can be particularly useful for ________, because customers typically patronize stores close to their neighborhood.


Definitions:

Aptitude

A natural ability or skill that makes it easier for someone to learn certain types of tasks.

Gini Coefficient

A metric used to evaluate the extent of income difference within a community, moving from 0 for full equality to 1 for total inequality.

Inequality

The unequal distribution of income, wealth, opportunities, or resources among different individuals or groups in society.

Human Capital

The economic value of an individual's skills, knowledge, and experience, considered an asset in terms of productivity.

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