What are Geodemographic studies? Cite an example in the fashion ...

[armygirl]

What are Geodemographic studies? Cite an example in the fashion industry.
 
  What will be an ideal response?

Question 2

The economic model known as The Circular Flow of Economic Activity demonstrates the movement of resources, dollars, and finished goods between firms and banks.
 
  a. True
  b. False

[strudel15]

Answer to Question 1

Geodemographics are the fusion of demographics and geographics,
examines where people live, what they do for a living, their education levels, ethnic
background, and age. These can be used to determine whether a retailer such as Zara should
locate in a particular geographic location based on the consumers living in the surrounding area,
with high school to college educated household members, with diverse ethnic backgrounds, and
the age density between 18-30 years of age.

Answer to Question 2

b The Circular Flow of Economic Activity demonstrates the movement of resources,
dollars, and finished goods between firms and households.

[armygirl]

Thank you!

[strudel15]

Always glad to help...