What Can Be Said of the Level of Competition When

question 88

Multiple Choice

What can be said of the level of competition when selecting a target market?

• A)The more competitors there are within a segment, the less of a chance there is for price wars.
• B)A market segment is less attractive to marketers if there are only a few competitors for that segment.
• C)The more competitors there are within a segment, the less a company will have to spend to reach out to consumers.
• D)The more intense the competition within a segment, the more attractive it is to marketers.
• E)The more competitors there are, the more a firm will have to invest in promotion to increase market share.

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Definitions:

Automatic Insertion Machine

A machine used in manufacturing for automatically placing components onto circuit boards or into their correct positions on a production line.

Accountant

A professional responsible for maintaining and interpreting financial records, ensuring accuracy and compliance with laws and regulations.

Net Present Value

The calculation used to find today’s value of a stream of future payments or receipts, by discounting them using a specific rate of return.

Investment

Investment refers to the allocation of resources, such as capital, time, or assets, with the expectation of generating profit or income, involving mechanisms like stocks, bonds, real estate, or other financial vehicles.