Distinguish nonfamily household family from family household. Give an exam of a product mainly used in a nonfamily household and another example of a product mainly used in a family household.
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- Distinguish nonfamily household family from family household. Give an exam of a product mainly used in a nonfamily household and another example of a product mainly used in a family household.
INTRODUCTION -
Households are defined as a group of people who live together and share expenses, responsibilities, and resources. The composition of households has been changing over time, and with that, the definition of a family has been evolving as well. Traditionally, family households are composed of a married couple and their children. However, nonfamily households are becoming increasingly common.
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- Arranging the product to occupy a distinct place in the minds of target consumers is known as: Market demand Market positioning Market segmentation Market targetingBased on the market research in Figure 9-2, which market-product combination is likely to be most lucrative for a new pillow manufacturer? MARKET SEGMENTS Side sleepers Back sleepers Stomach sleepers Firm Pillows BED PILLOW PRODUCTS Medium Pillows Soft PillowsThe importance of pareto chart in business or hospitality industry
- 4 With which stage in the family life cycle would the purchase of the following products and ser- vices be most closely identified? (a) bedroom fur- niture, (b) life insurance, (c) a Caribbean cruise, (d) a house mortgage, and (e) children’s toys.Describe several total products that are more thantheir direct physical features.30-Arranging the product to occupy a distinct place in the minds of target consumers is known as: Market targeting Market demand Market segmentation Market positioning
- Please ignore the answer adn help me sovle this questionsAnswer the Question and please show the your reference based your solve the problemDo groups in different stages of the household life cycle have different consumption patterns for our product? Who in the household is involved in the purchase process?