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Question
What is meant by a target market?
Short Note
Solution
Target market refers to the specific group of potential customers whose needs the enterprise aims to fulfil.
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Business Plan - Manpower Planning
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RELATED QUESTIONS
What is manpower planning? Why is it necessary for every business unit?
While doing the manpower planning an entrepreneur, decides to keep less qualified manpower and give them low wages and salaries to enable higher profits. Do you think his/her approach is correct and justified, why?
What does the manpower plan help to assess?
