What is meant by a target market? - Vidyadip

Question

What is meant by a target market?

✓

Answer

Target market refers to the specific group of potential customers whose needs the enterprise aims to fulfil.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Entrepreneurial Planning→Entrepreneurial Planning — all question types→Entrepreneurship STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

What do you mean by product line?

Which is the most commonly used technique of negotiation?

What is the cost plus pricing method?

Mention the two types of human activities.

Under which act was IFCI established?

Why is pricing crucial in an entrepreneurial activity?

Answer each of these questions in about fifteen words:
Who is a franchisee?

Which costs are directly proportional to the level of output?

What are market driven ideas?

Negotiation could be carried through various methods, name them.