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Labeling an Individual

question 69

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Labeling an individual


Definitions:

Market Opportunity

The degree of customer or market demand for a specific product application.

Identifying Market Opportunity

Identifying market opportunity involves analyzing market trends, needs, and gaps to find untapped areas where a new product or service could be successfully introduced.

Market Opportunity

The potential for a company to increase sales and achieve a sustainable competitive advantage by identifying and serving new markets or segments.

Customer Demand

refers to the desire and willingness of consumers to purchase goods or services at a particular price.

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