..... is a potential group of customers, people, or businesses that are able and willing to purchase a particular product or service.

DEFINITION OF ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

____ is a potential group of customers, people, or businesses that are able and willing to purchase a particular product or service.

A	The Market
B	Sales force
C	A Direct Competitor
D	An Indirect Competitor

Explanation:

Detailed explanation-1: -A target market is a specific group of people with shared characteristics that a business markets its products or services to. Companies use target markets to thoroughly understand their potential customers and craft marketing strategies that help them meet their business and marketing objectives.

Detailed explanation-2: -Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors.

Detailed explanation-3: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022

Detailed explanation-4: -Intrapreneurship. Social Entrepreneurship. Indigenous Entrepreneurship. More items

Detailed explanation-5: -Social entrepreneurship. Scalable startup entrepreneurship. Small business entrepreneurship. Large company entrepreneurship. Innovation entrepreneurship. 21-Jan-2022

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP