ENTREPRENEURIAL OPPORTUNITIES
FEASIBILITY ANALYSIS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A(n) ____ is a group of firms producing a similar product or service. A firm’s ____ is the limited portion of the industry that it goes after or to which it wants to appeal.
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target market; industry
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trade group; industry
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industry; trade group
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competitive group; target market
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industry; target market
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Explanation:
Detailed explanation-1: -Answer and Explanation: A(n) E) industry is a group of firms producing a similar product or service. A firm’s E) target market is the limited portion of the industry that it goes after or to which it wants to appeal. This is the definition of an industry and a target market.
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