Calculate the Market Development Index If the Current Market Demand

question 3

Multiple Choice

Calculate the market development index if the current market demand of the product is 240 million and the potential for market growth is 400 million.

• A)60
• B)80
• C)160
• D)166.67
• E)640

---

Definitions:

Business Schools

educational institutions specializing in teaching courses and programs related to business and management.

Public Affairs

Refers to the management of relationships between an organization and politicians, governments, and other public bodies.

Accountable

Refers to the obligation of individuals or organizations to account for their activities, accept responsibility for them, and disclose the results in a transparent manner.

Nonprofit

An organization that operates for charitable, educational, or social welfare purposes and typically reinvests its surplus revenues to achieve its mission instead of distributing them as profit or dividends.