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Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market1 Mark
Question
Demographics are used to classify customers into various segments. Name some common grounds of classification.
✓

Answer

Some common grounds of classification are as follows:
  1. Income.
  2. Marital status.
  3. Standard of living.
  4. Education.
  5. Age and sex.

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