ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A medium-term would be
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increase customer base by 20%
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opening a second location
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have all debt paid off
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None of the above
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Explanation:
Detailed explanation-1: -Companies can expand their customer base as a way to increase sales. A customer base is often a targeted demographic or group of people with similar interests, which make their interest in a product or service more likely.
Detailed explanation-2: -In other words, it is the group of people who are potential buyers of a product or service. Companies need to compare their customer base with the market size. Market size is how much money a particular industry or business has generated in one year.
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