Defining market segments in strictly chronological terms can sometimes be stereotypical and misleading because:
A) not every consumer is the same.
B) many consumers have a perceived age (i.e. cognitive age) 10-15 years younger than their chronological age.
C) many consumers have a perceived age (i.e. cognitive age) 5-10 years older than their chronological age.
D) cultural and lifestyle differences among consumers are more important than their age.
Correct Answer:
Verified
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