What Is the First Step to Finding New Markets

question 17

Multiple Choice

What is the first step to finding new markets?

• A) mining market data
• B) evaluating cultural fads
• C) creating a marketing mix
• D) identifying customer insights

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Definitions:

Karst Topography

Topography characterized by sinkholes, caves, limestone pillars, poorly organized drainage patterns, and disappearing streams; generally formed from the dissolution of limestone.

Coral Reefs

Biodiverse underwater ecosystems constructed by colonies of coral polyps held together by calcium carbonate, found in tropical oceans.

Sea Caves

Natural hollows formed by the wave action of the sea on weak points in coastal cliffs, known for their stunning landscapes and ecological habitats.

Marine Terraces

Flat, wave-cut platforms formed by the erosion of marine shores, marked by a rise in sea level or land level.