Name Two of the Five Indicators of Market Potential and Provide

question 82

Essay

Name two of the five indicators of market potential and provide an example of each.

---

Definitions:

Expenditures

Outflows of cash or other valuable assets from a person or company to pay for goods or services.

Finished Products

Items or goods that have completed all stages of production and are ready for sale to customers.

Time Period

A specific duration or interval during which certain events occur or conditions are measured.

Selling and Administrative Expenses

Expenses related to the daily operations of a business that are not directly tied to production, including sales promotions, salaries of administrative staff, and office rent.