If the ratio between current and potential levels of market demand is close to one, what can you infer about the industry's market-penetration index and the growth potential of the firms in the industry?
What will be an ideal response?
The industry has a high market-penetration index and there is a negligible growth potential for all the firms in the industry.
Business
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As business owners and managers, we need to continually be aware of all the following, EXCEPT:
A. the financial capacity of our business B. market value of our business C. the liability exposure D. the risks being incurred E. the skill sets necessary for success.
Business
A consumer demanding a product from a retailer after watching an ad on television has responded to a pull promotional advertising strategy
Indicate whether the statement is true or false
Business