Question

Selection of a product or service will depend upon many factors while assessing the market. The demand assessment is one of them. This assessment is based on ______.

पर्याय

• Technological advancements in the field

• Size of the market being targeted

• Transportation delays, wastage, etc.

• Level of operation

Answer 1

Selection of a product or service will depend upon many factors while assessing the market. The demand assessment is one of them. This assessment is based on size of the market being targeted.

Explanation:

Demand assessment evaluates the potential customer base and the size of the target market to ensure the product or service can generate sufficient demand and achieve viability.