ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

MARKETING PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
what is market and is it useful?
A
no, market is the group of people who cant afford the product
B
yes, market is a combination of factors that can be controlled by a company to influence consumers to purchase its products.
C
yes, market is Everyone with the ability to purchase a product
D
no, market is the action or business of promoting and selling products or services, including market research and advertising.
Explanation: 

Detailed explanation-1: -Markets are places where buyers and sellers can meet to sell and purchase goods and services. Markets provide places for firms to sell their goods and gain revenue. Markets provide places for consumers to buy the goods and services that they need.

Detailed explanation-2: -Answer: A market is described as the total sum of all the purchasers and sellers in the area or region being considered. The area may be the earth, country, region, state, or city. The worth, expense and cost of traded items are according to the supply & demand forces of a market.

There is 1 question to complete.