_____ Refers to the Size of the Market Whereas _____

question 58

Multiple Choice

_____ refers to the size of the market whereas _____ refers to its geographic range.

• A)Scope;scale
• B)Mass;niche
• C)Scale;scope
• D)Niche;mass

---

Definitions:

Tax Rate

The share of one's or a company's revenue earmarked for taxation.

Erosion Costs

Erosion Costs are the costs incurred due to the negative impact of introducing a new product or project on the sales and revenue of existing products or projects.

Incremental Income

The additional income generated from a particular business decision or action.

Fixed Assets

Assets of a long-term nature such as land, buildings, and machinery, which are used in the operations of a business and not expected to be consumed or converted into cash in the short term.