Who are the baby boomers and why are they important to marketers?

What will be an ideal response?

ANSWER: Research has found that boomers are willing to change brands and try new things, making them an ideal groupâ€"affluent, experienced, and flexible. For example, an analysis of consumers who bought P&G's Swiffer Sweeper found that boomers bought more Swiffers than any other age bracket. They were also more likely to try not just the original product, but four newer versions. Boomers' ability and willingness to spend have prompted marketers to develop new advertisement campaigns that they will find relatable. Because of this trend, demand for models and actors in their forties and fifties has increased.

Business

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Use the information in Scenario 9.5. If Tom orders at the economic order quantity, how many units does he order at a time?

A) less than or equal to 75 units B) greater than 75 but less than or equal to 150 units C) greater than 150 but less than or equal to 250 units D) greater than 250 units

Business

Explain what is meant by operational gaming and give one example

What will be an ideal response?

Business