Which of the Following Statements Is True of a Target

question 51

Multiple Choice

Which of the following statements is true of a target market?

• A)Environmental scanning is performed by firms in order to prevent changes in a target market.
• B)Unlike uncontrollable variables, controllable variables do not affect a target market.
• C)Uncontrollable elements continually evolve and create changes in a target market.
• D)Managers can control the external environment that molds and reshapes a target market.

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Definitions:

Desired Amount

The specific quantity of money or resources that an individual or organization aims to achieve or accumulate.

Management Support

Refers to the assistance and resources provided by a company's management to support the operations, strategies, and objectives of the business.

Actual Results

The real, as opposed to projected or forecasted, outcomes of financial activity within a specific period.

Quarterly Sales

The total revenue generated from sales within a specific three-month period in a fiscal year.