Initially, Facebook Targeted Which Consumer Market Segment

question 211

Multiple Choice

Initially, Facebook targeted which consumer market segment?

• A)grade school children ages 6 to 12 years old
• B)high school students
• C)college students
• D)adults with professional occupations
• E)senior adults 55 years and older

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Definitions:

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Credit Sales

Transactions where the goods or services are provided to a customer with an agreement that payment will be made at a later date.

EOQ

Economic Order Quantity is the ideal quantity of inventory a company should purchase to minimize the total costs of ordering and holding.

Quantity Discount

A pricing strategy where the price per unit of an item is reduced based on the quantity purchased, incentivizing larger orders.