Companies interested in market potential have a special interest in the product-penetration percentage,which is the percentage of ownership or use of a product or service in a population.

Question

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The statement is true. Companies interested in market potential are particularly concerned with the product-penetration percentage, which reflects the extent to which a product or service has been embraced by a given population. This metric provides insight into market penetration and potential growth, which are essential considerations for companies looking to expand their customer bases and increase revenue.

Companies Interested in Market Potential Have a Special Interest in the Product-Penetration