Which of the Following Factors Sets the Upper Limit on Demand

question 185

Multiple Choice

Which of the following factors sets the upper limit on demand generated by a particular market segment?

• A)Market potential of the segment under analysis
• B)Psychographic characteristics of the population in the segment
• C)Geographic dispersion of potential customers in the market segment
• D)Lifestyle characteristics of the population in the segment

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Definitions:

Work Outcomes

The results or outputs generated from performing work tasks, which can include products, services, or achievements.

Job Enrichment

Job enrichment refers to the method of motivating employees by giving them more responsibilities and variety in their jobs.

Competitive Wages

Compensation or salary levels that are attractive enough to retain and recruit employees, often in line with or above averages within the industry or region.

Increased Work

A situation where the volume or intensity of tasks and responsibilities assigned to an individual or team grows.