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E&V Bridal Studios is a wedding consulting business designed to appeal to East Asians.At one time,it used the same marketing mix for all of its customers,but it has discovered that it needs a Different marketing mix to appeal to its ethnic customers.For example,Chinese brides want an elaborate red gown,and Vietnamese brides wear a brocaded gown with long sleeves and a Mandarin collar.
-Refer to E&V Bridal Studios.What type of segmentation strategy does the company use?
Master Budget
A comprehensive financial planning document that consolidates all of a company's budgets and plans for operations, financing, and investment activities.
Long-term Plans
Strategic plans or goals set by a business intended to be achieved over a lengthy period, often spanning several years.
Budget Operation
The process of preparing, implementing, and monitoring a financial plan for an organization's activities and financial performance.
Accounting Department
A division within a company that handles financial reporting, bookkeeping, payroll, and other financial-related activities.
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