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There Are Five Principal Characteristics That Will Make a Market

question 1

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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?


Definitions:

Individual Therapy

A psychotherapeutic approach where a single patient works one-on-one with a therapist to address issues or disorders.

Improve

To make or become better in quality, skill, or condition.

Confound

To cause confusion or mix something up, making it difficult to distinguish separate elements.

Efficacy

The ability to produce a desired or intended result.

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