
In the breakdown approach, the marketing manager measures company sales potential by estimating how much of a product a potential buyer in a specific geographic area will purchase in a given period, multiplying the estimate by the number of potential buyers, and adding the totals of all the geographic areas considered.
Correct Answer:
Verified
Q51: Which of these statements is not true
Q52: The first step of the target market
Q53: A firm ordinarily uses the same sales
Q54: Lily is an award-winning fiction writer. She
Q55: The ability to purchase a product is
Q57: Through market tests, a forecaster gains data
Q58: Which of the following is not a
Q59: A competitive assessment may reveal that a
Q60: Psychographic variables are aggregate population characteristics such
Q61: Prodigy Placement is a private elementary school
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents