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True/ False Segmentation variables are characteristics of individuals, groups, or organizations in a total market.

User Chadd
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Final answer:

True, segmentation variables are characteristics used in marketing to divide the total market into segments. A cohort commonly shares a specific characteristic, rather than being a group of subjects with varying characteristics.

Step-by-step explanation:

True or False: Segmentation variables are characteristics of individuals, groups, or organizations in a total market. This statement is true. Segmentation variables are indeed characteristics that marketers use to divide the total market into segments. These characteristics can include a variety of factors such as age, gender, income, education level, family size, occupation, and more. In marketing, a cohort is typically a group of individuals who share a specific characteristic or experience within a defined period. For example, a cohort could consist of individuals born in the same year or who have experienced a significant event like graduation at the same time.

However, a cohort isn't defined by having different ages, weights, genders, and health statuses. Rather, it shares a common characteristic that allows researchers or marketers to study them as a group over a particular timespan.True. A cohort is a group of individuals who share a similar characteristic or experience. In the context of market segmentation, a cohort refers to a group of individuals with common attributes, such as age, gender, interests, or purchasing behavior. These variables help businesses better understand and target specific segments of the total market.

User Ian Gilroy
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