Living Standards Measure. A basic market segmentation algorithm, which categorises a respondent into one of 10 groups, based on observable characteristics, largely to do with durable goods ownership.
A marketing philosophy that encourages you to direct the majority of your marketing budget and efforts to activities within the restaurant, the property line and a 10-minute drive time to the restaurant. Research indicates that 80 percent of a typical restaurant's guests live within a 10-minute drive, and consequently, this represents the most fertile ground for attracting loyal guests.
LSM is a line of confocal laser scanning microscopes produced by the Zeiss company. As of 2005, the state of the art is the 5th generation, including the LSM 510, LSM 5 Pascal, and LSM 5 Live.