INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following are essential to assessing your market?
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Knowing what potential customers want
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Investigating your competition
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Understanding industry trends
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All of these
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Explanation:
Detailed explanation-1: -The 4 Ps of marketing are a collection of four essential elements of a marketing campaign-namely product, price, promotion, and place. Also known as “the marketing mix, ‘’ the 4 Ps collectively create a framework for organizing and planning a marketing strategy for a product or service. Professor Neil H.
Detailed explanation-2: -Define. The first step is to identify all of the key players in your target market. Analyze. Analyze the activities of competitors, customers, etc. to identify commonalities & key characteristics. Trend. Share. Measure. 27-Sept-2019
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