Which of the Following Describes the Function of Geodemographic Segmentation

question 64

Multiple Choice

Which of the following describes the function of geodemographic segmentation?

• A)It stresses the belief that the benefits people are seeking in consuming a given product are the basic reasons for the existence of true market segments.
• B)It identifies the specific households in a market by focusing on local neighborhood areas and creates classifications of neighborhoods where people live and shop.
• C)It determines the type of lifestyles that consumers have by asking them about their activities,interests,and opinions and groups them based on the similarity of their responses.
• D)It identifies consumers' primary motivations and whether they are driven by ideals,achievement,and/or self-expression.

Understand the computation of overall rate of return on a diversified investment portfolio.

Grasp the concept of proportional and percentage relationships in real-life contexts, including budget comparisons and purity measurements.

Understand the principles of calculating percentages, fractions, and multiples in various contexts.

Compute the total and remaining capacities or budgets based on percentage allocations.

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