Segmentation of a Market by Income Is a Type of Demographic

question 23

True/False

Segmentation of a market by income is a type of demographic segmentation.

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Definitions:

Common Stock

A type of security that represents ownership in a corporation and entails voting rights and a share in profits through dividends.

Cumulative

Describing something that increases or accumulates over time, often used in the context of dividends, voting rights, or data accumulation.

Fully Participating

Fully participating describes a type of equity security or preferred stock that has the right to participate in certain additional dividends or distributions beyond a specified amount.

Rights

Legal entitlements or permissions granted to individuals or entities, often referring to stock rights in a corporate context, allowing shareholders to buy new shares before the general public.