The business definition has three elements a target market potential customers

The business definition has three elements a target

This preview shows page 4 - 6 out of 6 pages.

18. The business definition has three elements ________.a. target market, potential customers, and production capability
Background image
b. offer, target market, and production/delivery capabilityc. offer, acceptance, and considerationd. business definition, target market, and market analysisAnswer: BObjective: Define your business.Page numbers: 92, 93Level: Intermediate19. Which of the following is nota strong method of identifying business opportunities?Chapter 4- 6 Questions20. What is the third step of deciding who the potential customers are for your business?21. When has a market become saturated?
Background image
Image of page 6

You've reached the end of your free preview.

Want to read all 6 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes