The identified market segment will be the market that can be served better by the entrepreneurial venture based on its competencies. This entrepreneurial approach is sometimes called .....

ENTREPRENEURIAL PROCESS

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

The identified market segment will be the market that can be served better by the entrepreneurial venture based on its competencies. This entrepreneurial approach is sometimes called ____

A	Market Identification
B	Geographic Segmentation
C	Niche Entrepreneurial Marketing.
D	Market Segmentation

Explanation:

Detailed explanation-1: -Niche Entrepreneurial Marketing. The identified market segment will be the market that can be served better by the entrepreneurial venture based on its competencies.

Detailed explanation-2: -MARKET TARGETING. is a stage in market identification process that aims to determine the set of buyers with common needs and characteristics. They are the market segment that the entrepreneurial venture intends to serve.

Detailed explanation-3: -The Marketing Mix refers to a tool used by the entrepreneur to position the product in the target market segment to efficiently and effectively deliver it to the consumers and to convince them about the benefits that they will derive from buying the product. The marketing mix is also known as the Ps in marketing.

Detailed explanation-4: -Relationship Marketing – Focuses on creating a strong link between the brand and the customer. Expeditionary Marketing – Involves creating markets and developing innovative products. One to One Marketing – Customers are marketed to as individuals. More items •18-Nov-2020

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ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

ENTREPRENEURIAL PROCESS