Asked by Christina Silverio on May 10, 2024
Verified
Meredith is assessing market growth, market competitiveness, and market access for each segment she has identified. Meredith is assessing the ________ of each potential market segment.
A) substance
B) responsiveness
C) identification
D) reach
E) profitability
Market Competitiveness
The ability of a company or product to compete effectively in the marketplace based on factors like price, quality, and innovation.
Market Access
The conditions and barriers that a company faces when trying to enter a new market or industry, including regulatory, policy, and trade barriers.
- Master the technique of analyzing the attractiveness of diverse market segments.
Verified Answer
LO
Leslie OliveraMay 13, 2024
Final Answer :
E
Explanation :
Meredith is assessing market growth, market competitiveness, and market access which are all factors that impact the profitability of each potential market segment. Therefore, the best choice is E.
Learning Objectives
- Master the technique of analyzing the attractiveness of diverse market segments.
Related questions
Bree Has Identified Three Potential Market Segments for Her on ...
Bethany Is Concerned That One of the Potential Market Segments ...
Renata Is Trying to Determine Whether the Segments She Is ...
Target Market Selection Should Most Likely NOT Be Based on ...
According to a Market-Based View of Strategy Development,the Attractiveness of ...