When Has a Market Become Saturated

question 46

Multiple Choice

When has a market become saturated?

• A) When there has been so much advertising and publicity that almost every person in the market is aware of the product
• B) When competitors have entered the market and forced the price of the product so low that the businesses selling it can no longer earn a profit
• C) When most of the people in the market who are interested in the product have already purchased it
• D) When nobody wants to buy the product
• E) When all customers decide that they do not like the product

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Definitions:

Procedures

Established methods or protocols within an organization for conducting operations or tasks to achieve consistency and efficiency.

Appropriate Code

A specific set of rules or standards designed to guide behavior or actions in a particular context.

Items

Refers to individual products or services that a company sells or the individual entries that make up a list or collection.

Intangible Assets

Non-physical assets owned by a business, such as patents, trademarks, goodwill, and copyrights, that have economic value and can provide future benefits.