ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Available market refers to a group of potential customers to whom a company wants to sell its products and services.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -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-2: -Available market refers to a group of potential customers to whom a. company wants to sell its products and services. 3. Target market users are people who have not yet purchased your.

Detailed explanation-3: -Definition: Target market is the end consumer to which the company wants to sell its end products too. Target marketing involves breaking down the entire market into various segments and planning marketing strategies accordingly for each segment to increase the market share.

Detailed explanation-4: -In marketing, the term market refers to the group of consumers or organizations that is interested in the product, has the resources to purchase the product, and is permitted by law and other regulations to acquire the product.

There is 1 question to complete.