Which of the Following Observations Regarding Ethnic Shifts in the American

question 58

Multiple Choice

Which of the following observations regarding ethnic shifts in the American market is FALSE?

• A) More than 41 percent of American children are already African American, Hispanic, or Asian.
• B) The buying power of ethnic submarkets is increasing rapidly.
• C) Whites are not expected to become a majority until 2050.
• D) Companies will need separate strategies for each ethnically or racially defined market.
• E) Estimates indicate that in 2010 Asian Americans spent over $500 billion a year.

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Definitions:

Lock-Up

A period following an initial public offering (IPO) where major shareholders are restricted from selling their shares, often lasting from 90 to 180 days to prevent market flooding.

Redeem Funds

Redeeming funds refers to the process of exchanging a mutual fund, or other type of investment fund shares, for cash or for its underlying assets' worth.

Data Mining

Sorting through large amounts of historical data to uncover systematic patterns that can be used as the basis of a trading strategy.

Systematic Patterns

Repetitive or predictable behaviors observed within a system, market, or set of data, which can sometimes be exploited for forecasting or strategic purposes.