Examlex
Which of following is a requirement for a product to have competitive advantage over others?
Profit
The money left after a for-profit organization subtracts its total expenses from its total revenues and is the reward for the risk it undertakes in marketing its offerings.
ROI
Return on Investment, a financial metric used to measure the efficiency and profitability of an investment.
Demographic Segmentation
The segmentation of a market into different groups according to factors like age, gender, income, occupation, and education levels.
Consumer Markets
Markets comprised of individuals and households that purchase goods and services for personal use.
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