A generic market
A) may include sellers who compete in different product-markets.
B) would probably be broader than the firm's target market.
C) might be composed of several different product-markets.
D) has sellers offering a more diverse set of products.
E) All of these are correct for a generic market.

Question

Quizplus · Accepted Answer

All of these options are correct for a generic market. A generic market is composed of sellers who compete in multiple product-markets and may offer a diverse set of products. It would also likely be broader than the firm's target market.

A Generic Market