A Generic Market Description Should NOT Include Any

question 39

Multiple Choice

A generic market description should NOT include any:

• A) customer needs.
• B) geographic area.
• C) competitors' names.
• D) customer types.
• E) All of these should be included in a generic market description.

---

Definitions:

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, resulting in a net income or loss.

Cost of Goods Sold

Expenses directly connected to the crafting of merchandise a company markets, comprising materials and labor.

Finished Goods

The inventory that has completed all stages of production and is ready to be sold to customers.

Advertising Expense

The cost incurred by an organization to promote its products, services, or brand in various media.