_____ Would Not Be Included in a Demographic Segmentation of Consumers

question 155

Multiple Choice

_____ would not be included in a demographic segmentation of consumers.

• A)Marital status
• B)Ethnic background
• C)Lifestyle preferences
• D)Educational background

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Definitions:

Computer Models

Simulations or algorithms created within a computer that represent or predict real-world systems, behaviors, or outcomes.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

New Product Planning

The process of defining the strategy and development roadmap for bringing a new product to market, including market research, design, and launch plans.

Long-range Time Horizon

A future time period in which long-term plans or forecasts are made, often extending several years into the future.