Market Potential Factors That Should Be Assessed When Examining the Potential

question 87

True/False

Market potential factors that should be assessed when examining the potential of a region for expansion include availability of financial resources,availability of potential substitute products,and consumer awareness of the product.

---

Definitions:

Electrical Impulses

Rapid fluctuations of voltage across a membrane, used by neurons and muscle cells for communication and activation.

Sensory Organs

Parts of the body that receive and process sensory stimuli, such as the eyes, ears, nose, tongue, and skin.

Neurons

Specialized cells of the nervous system that transmit information through electrical and chemical signals, forming the basis of neural communication.

Neuromuscular Junction

The site where a motor neuron communicates with a skeletal muscle cell to induce muscle contraction.