When collecting market information to determine the market potential of the new venture, general environmental trends of interest would include which of the following?
A) household income trends
B) population shifts
C) industry-specific consumption trends
D) employment trends
E) All of the answers are correct.

Question

Quizplus · Accepted Answer

All the options listed are general environmental trends that can influence the market potential of a new venture. Understanding household income, population shifts, industry-specific consumption, and employment trends can provide valuable insights into market opportunities and challenges.

When Collecting Market Information to Determine the Market Potential of the New