There Are Five Principal Characteristics That Will Make a Market

question 1

Multiple Choice

There are five principal characteristics that will make a market segment particularly attractive for targeting. Four of these are: 1) it has sufficient current and potential sales and profits, 2) it has the potential for sufficient future growth, 3) it does not have excessive barriers or costs to entry or exit, and 4) it has some relatively unsatisfied needs that the company can serve particularly well. What is the fifth?

• A) It does not comprise of difficult customers
• B) It is not overly competitive
• C) It is well documented
• D) It is well established
• E) Other companies are already making good profits there

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Definitions:

Mass Media Messages

Information or promotional content disseminated through widespread communication channels like television, radio, and the internet.

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The process of creating preliminary ideas or themes for messages intended for communication campaigns or strategies.

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A training or educational technique where individuals act out roles to improve skills, understand situations, or solve problems.

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