A Geographic Descriptor of a Target Market Looks at Ranges

question 10

True/False

A geographic descriptor of a target market looks at ranges for age, gender, family life cycle, income, occupation, education, ethnic background, and home ownership for the main target market.

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Definitions:

Retirement Plan

A financial arrangement designed to replace employment income upon retirement, which may involve contributions by employers, employees, or both.

Contributions

Amounts given or payments made towards a common goal, project, or for the benefit of a group.

Compounded Semi-annually

A method where interest is calculated and added to the principal amount twice a year.

Quarterly

Happening quarterly or four times annually.