The Term Market Density Refers to the Number of Potential

question 74

True/False

The term market density refers to the number of potential customers per unit of land area, such as per square mile.

---

Definitions:

Customize

The act of modifying or building a product or service according to the customer's individual preferences or needs.

Sales Presentation

A pitch or demonstration given to potential customers to persuade them to purchase a product or service.

Body Language

Non-verbal communication through gestures, postures, and facial expressions that convey messages or emotions.

Purchase Decision

The process that leads a consumer to buy a product or service, influenced by factors such as marketing, personal preferences, and socioeconomic status.