Answer:
<em>A differentiated market</em>
Explanation:
<em>Whenever a business produces initiatives that cater to at least two product categories or targeted groups, a differentiated marketing strategy is applied</em>.
For instance, a retailer may encourage a purchase in at least two towns or locations that caters to people, or even a business can market a brand which appeals to women in at least two age categories.
Answer:
6) H0: μ≥ 7.4 versus H1: μ< 7.4
7) - 1.28
8) - 1.50
Answer:
Letter D is correct. <em>Grouping people according to their psychological characteristics, values, and lifestyles.</em>
Explanation:
Psychographic segmentation is a market segmentation technique where individuals are grouped according to psychological traits such as lifestyle and behavioral patterns which may be: opinions, social status, eating habits, daily routine and many others.
This type of segmentation aims to identify psychological traits and values that influence individual consumer behavior.
Answer:
Explanation:
Present value of annuity due = (1+interest rate)*Annuity[1-(1+interest rate)^ -time period]/rate
=(1+0.075)*25000*[1-(1.075)^-15]/0.075
=$25000*9.489153726
=$237,228.84
Answer:
$1.2 per mile
Explanation:
Computation of the variable cost per mile using the high-low method
Using this formula
Variable cost per mile = (Highest activity cost - Lowest activity cost)/(Highest activity - Lowest activity)
Let plug in the
Variable cost per mile= (14,721 - 13,503)/(8,510 - 7,495)
Variable cost per mile= 1,218/1,015
Variable cost per mile=$1.2 per mile
Therefore the Variable cost per mile will be $1.2 per mile.