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Author Question: Which of the following statements about target markets is incorrect? A) There is a distinct ... (Read 10 times)

fox

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  • Posts: 540
on: Jul 6, 2018
Which of the following statements about target markets is incorrect?
 
  A) There is a distinct difference between a firm's industry and its target market.
  B) The challenge in identifying an attractive target market is to find a market that's large enough for the proposed business but is yet small enough to avoid attracting larger competitors.
  C) By focusing on a target market, a firm can usually avoid head-to-head competition with industry leaders and can focus on serving a specialized market very well.
  D) A target market is a place within a larger market segment that represents a narrower group of customers with similar needs.
  E) It's generally easier to find good information about a target market than an industry as a whole.

Question 2

A code of ________ is a formal statement of an organization's values on certain ethical and social issues.
 
  A) conduct
  B) behavior
  C) performance
  D) principles
  E) morals


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hugthug12

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Reply #1 on: Jul 6, 2018
Answer to Question 1

E

Answer to Question 2

A


fox

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

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Reply 3 on: Yesterday
Excellent

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