How do companies evaluate market segments to define their target market?

What will be an ideal response?

Many companies evaluate market segments by considering size and growth—selecting markets that are sufficiently large to generate sizable revenues. They also consider accessibility—choosing markets that can be reached and served. Finally, they consider consistency—how well those segments fit the company's vision, mission, goals, and strategy.

Business

You might also like to view...

Within a business, formal communication:

Business

Refer to Scenario 9.1. With the change in lead time, the pipeline inventory will:

A) decrease by 75 units. B) increase by 50 units. C) decrease by 25 units. D) increase by 25 units.

Business