ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A target market is a clearly identified segment of the market to which a business wishes to appeal.
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A target market is a clearly identified segment of the market to which a business wishes to appeal. Q. Each target market requires a unique marketing mix that responds to the differences among the target markets.
Detailed explanation-2: -A target market is a group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle.
Detailed explanation-3: -A marketing plan is a written document that details the necessary actions to achieve one or more marketing objectives. It can be for a product or Service (economics)|service, a brand, or a product line.
There is 1 question to complete.