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Rockwell Collins is a manufacturer of avionics and communications systems for corporate aircraft. In response to...

Rockwell Collins is a manufacturer of avionics and communications systems for corporate aircraft. In response to a general slowdown in the business aviation industry, Rockwell announced cutbacks for the items it makes for small and midsize jets. Based on this information, which of the following segmentation variables is Rockwell most likely to utilize?

a. Firmographic

b. Psychographic

c. Buying approach

d. Geographic

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Answer #1

The correct option is a. Firmographics as firmographics helps aggregate individual firms into meaningful market segments.

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