Explain the Difference Between a Market and a Target Market

question 14

Essay

Explain the difference between a market and a target market. Provide a specific example of each.

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Definitions:

Embarrassment

A feeling of self-consciousness, shame, or awkwardness that arises when a person's actions, characteristics, or situation violates societal norms.

Credit Card

is a plastic card issued by a bank or financial institution allowing the holder to purchase goods or services on credit.

Date

A specific day of the month or year, often specified by a number.

Envy

is an emotion characterized by feeling discontent or covetousness towards another's advantages, achievements, or possessions.