Why Has the Component Lifestyle of Many of Today's Consumers

question 92

Multiple Choice

Why has the component lifestyle of many of today's consumers proven to be such a challenge to marketers?

• A) A consumer is defined by his or her lifestyle,which is defined by level of education attained and occupation.
• B) The needs of people with component lifestyles are in constant flux.
• C) There are no specialized magazines that reach small segments of markets.
• D) Communication with people who have component lifestyles is very difficult.

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Definitions:

Special Product Pattern

Formulas that simplify the multiplication of algebraic expressions.

Multiply

The arithmetic operation of scaling one number by another, equivalent to adding a number to itself multiple times.

Simplify

The process of reducing a mathematical expression or equation to its simplest form.

Compounded Annually

Refers to the process of calculating and adding interest to the principal sum of an investment or loan once every year.