The possibility of target markets not being defined correctly decreases if a small business does not have a market plan.

Name: The possibility of target markets not being defined correctly decreases if a small business does not have a market plan.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A small business without a market plan may have a higher chance of not defining their target market correctly, as they may not have put in the effort to research and analyze their potential customer base.

The Possibility of Target Markets Not Being Defined Correctly Decreases