The Feasibility of Targeting a Particular Market Segment Can Be

question 14

Multiple Choice

The feasibility of targeting a particular market segment can be negatively impacted by various factors which does not include:

• A) regulatory hurdles.
• B) cultural barriers.
• C) lack of distribution system.
• D) time required to establish business.
• E) surplus demand.

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Definitions:

Supplier Processes

The procedures and activities undertaken by suppliers to deliver products or services to their customers, including production, quality control, and distribution.

Cost Reduction

The process of cutting expenses to improve profitability without compromising the quality of products or services.

Effectiveness

The ability of an entity or process to achieve its goals or intended results with a minimal amount of waste, expense, or unnecessary effort.

Customer Satisfaction

The measure of how products or services provided by a company meet or exceed the expectations of its customers.