_____ is a ranking of individuals into harmonized groups based on demographic characteristics such as age,education,income and occupation.

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Social class is a ranking of individuals into harmonized groups based on demographic characteristics such as age, education, income, and occupation. Customer group refers to a specific group of consumers who share common characteristics, behavior, and needs. Sophistication standards refer to the level of refinement and elegance in products or services. Class structure is a broader term that refers to the organization of society into social classes. Household Life Cycle (HLC) is a marketing concept that classifies households into different stages based on the age, marital status, and presence of children.

_____ Is a Ranking of Individuals into Harmonized Groups Based