A major factor underpinning the growth of the nation’s minor…
A major factor underpinning the growth of the nation’s minority markets is that African Americans, Asians and Hispanics continue to become more highly educated, which allows proportionally more Blacks, Asians and Hispanics to enter occupations with higher average salaries (Multi-Cultural Buying Power). As a key executive in a business-to-consumer company, name and describe three (3) important factors to consider when determining your market segmentation strategy.