Examlex
Five general criteria are often used to select target segments.They include: (1) the size of the market; (2) expected growth of the market; (3) competitive position of the firm with respect to the market; (4) cost of reaching the segment;and __________.
Airline Ticket
An airline ticket is a document, typically electronic, that confirms a passenger’s reservation on a flight and includes details such as flight number, date, and seat assignment.
Savings
Money that is set aside or deposited, typically in a bank account, for future use or as a precaution against emergencies.
Interest Rate
The percentage of the principal that is paid as a fee over a certain period of time for the use of borrowed money.
Future Amount
The predicted amount of money that an investment will grow to over a period of time, considering factors like interest rates and compounding.
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