Multiple Choice
Ford Motor Company surveyed 10,000 customers to analyze their needs and preferences in automobiles.At the end of the survey,respondents were asked to provide demographic information,including age.Responses concerning preferences were strikingly similar for each group within a specific five-year age range.This result is an example of the _____ effect.
A) income
B) life cycle
C) cohort
D) Hafner's
Correct Answer:

Verified
Correct Answer:
Verified
Q17: The division of the total market into
Q34: Define market segmentation. Discuss its role in
Q41: Geographic indicators such as job growth give
Q140: The lumber that a carpenter purchases to
Q154: Marketers must consider the advantages and disadvantages
Q155: Once the total market potential has been
Q155: Cadillac has strategically sought to become known
Q160: The four basic determinants of a market-specific
Q162: Automobile manufacturers and food processing companies segment
Q164: To remain competitive,marketers must accurately gauge their