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An entrepreneur selects a very small target market. Demand is good but growth is limited. What should be examined?

Answer and explanation

Correct answer: क्या निकटवर्ती ग्राहक समूहों में समान आवश्यकता है

A logical expansion question is whether nearby or related customer groups share the same problem and can be served with limited adaptation. The entrepreneur should test this through research rather than assume it. Logo size, uniforms and shop colour do not establish market potential or prove that new customers have a similar need.

Related tags

Target-MarketMarket-ExpansionIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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