Asked by Christina Silverio on May 10, 2024

verifed

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.
verifed

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.