A Balance of Which Two Concepts Should You Base Your

question 4

Multiple Choice

A balance of which two concepts should you base your target market upon?

• A) User needs and industry
• B) Financial projections and market price
• C) Internal and external factors
• D) White space and venture concept

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Definitions:

Incentive

Something that motivates or encourages an individual to do something or to achieve a goal.

Environmental Stimulus

Any external event or factor that influences an organism's behavior or physiological responses.

Motivates Behavior

The underlying reasons or incentives that drive individuals to engage in certain actions or behaviors.

Homeostasis

The autonomous mechanism through which living organisms maintain balance while adapting to conditions most favorable for their survival.