Demographic characteristics,geographic characteristics,economic factors,sociocultural factors,and political and legal factors all help a company ________.
A) determine a market's potential
B) determine a country's degree of globalization
C) evaluate its marketing objectives
D) evaluate its value delivery network
E) identify potential joint ventures

Question

Quizplus · Accepted Answer

Demographic characteristics, geographic characteristics, economic factors, sociocultural factors, and political and legal factors all provide valuable information regarding a market's potential. By analyzing these factors, a company can better understand the needs, wants, and behaviors of its target consumers and develop effective marketing strategies to serve them.

Demographic Characteristics,geographic Characteristics,economic Factors,sociocultural Factors,and Political and Legal Factors All