Determining Market Potential Is the Process of Locating and Investigating

question 86

True/False

Determining market potential is the process of locating and investigating buying units that have purchasing power and needs that can be satisfied with the product and/or service being offered.

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Definitions:

Relevant Law

Laws applicable or pertinent to a specific legal issue or case.

Settlement

An agreement reached by disputing parties without a trial, often involving negotiation that results in compensation or other terms to resolve the dispute.

Out-of-Court

Out-of-court refers to actions, decisions, or settlements made without the formal proceedings of a courtroom, often involving negotiation or arbitration.

Dispute

A disagreement or argument, often leading to formal legal action or a process to resolve differences.