Multiple Choice
The cohort effect describes:
A) why members of the same psychographic group decide to vote the same way and have a lot of similarities in their choices.
B) how Generation X uses its financial power to influence product trends, and gets closely followed by the marketers.
C) the effect of demographic characteristics in analyzing purchase habits, product usage rates, and brand preference.
D) the tendency of members of a generation to be influenced and bound together by events occurring during their key formative years.
Correct Answer:

Verified
Correct Answer:
Verified
Q63: The Bates Lighting Company has two divisions,
Q119: You want to encourage your longtime customers
Q120: What are the basic requirements or criteria
Q121: CoreLogix Inc.,has segmented the market as per
Q122: Geographic segmentation provides useful distinctions when regional
Q124: Targeting a large number of small markets
Q125: Very few residents of a micropolitan statistical
Q126: Socioeconomic market segmentation is another name for
Q127: A frequent flyer program used by an
Q153: Division of the total market into smaller,