By Balancing All Stakeholders' Needs, Managers Are More Likely to Achieve

question 46

Multiple Choice

By balancing all stakeholders' needs, managers are more likely to achieve their objectives in

• A) the long term.
• B) the short term.
• C) the short term as well as the long term.
• D) all areas of the organization.

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Definitions:

Demographic Segmentation

The division of a market into segments based on demographic factors like age, gender, income, education, or ethnicity to tailor marketing strategies.

"Mini-Ads"

Short, appealing advertisements aimed at capturing audience attention quickly, often used in digital or social media platforms.

Channel Surf

The action of quickly switching between channels on a television to find a desirable program to watch.

Psychographic Segments

Market segmentation based on consumers' lifestyle, interests, opinions, and personality traits, used to create more targeted marketing strategies.