Developing a broad vision of a market is the first step in understanding market demand.

Name: Developing a broad vision of a market is the first step in understanding market demand.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Developing a broad vision of a market helps in identifying the potential customer base, the competition, the latest trends, and the future prospects of the market. This understanding of the market demand can then be used to develop products or services that meet those demands.

Developing a Broad Vision of a Market Is the First