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The first stage in the regulatory process is
Financial Viability
The ability of an entity to generate sufficient income to meet operating payments, debt commitments, and, where applicable, to allow for growth while maintaining service levels.
Target Customers
Individuals or groups identified as the most likely to purchase a company's products or services.
Market Segments
The classification of a broader market into smaller consumer groups with similar needs, characteristics, or behaviors.
Customers
Individuals or businesses that purchase goods or services from a company.
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