Whether the market be reached by an organization or a business if there are unsatisfied consumers. A group of people as in individual or an organization that has the necessity for the products in a product class and has the capability, readiness, and authority to buy those products is known as a market.

Question

Describe the current competitive market for your product. Can you identify the number of brands or the market share that they hold? Expand your analysis to include other products that are similar or could be substituted for yours.

Answer 1

Question

Chapter 6, Problem 2DRQ

Summary Introduction

To identify: Whether the market be reached by an organization or a business if there are unsatisfied consumers.

A group of people as in individual or an organization that has the necessity for the products in a product class and has the capability, readiness, and authority to buy those products is known as a market.

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