Using a concentrated targeting strategy, the marketer goes after a ________ but ________ consumer segment

A) small; undefined
B) small; well-defined
C) large; well-defined
D) large; undefined
E) medium-sized; local

B

Business

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Humans need to feel a sense of belonging and acceptance, whether it comes from a large group or a small network of family and friends. Maslow labeled this as

A. social needs. B. esteem needs. C. primal needs. D. self-actualization needs

Business

You have a project that costs $800,000. It has a 1/3 chance of paying off $3,000,000 and a 2/3 chance of paying off $0. What is the expected payoff from the new project?

A) $500,000 B) $800,000 C) $1,000,000 D) $1,200,000

Business