The purpose of determining the market potential in the income statement approach to opportunity assessment is to __________.
A) provide an accurate measurement of what it will cost to run the proposed business
B) forecast sales revenue by dividing market potential by estimated retail market share
C) to set price strategy by analyzing what the market will bear
D) forecast sales revenue by multiplying market potential by estimated retail market share
E) None of the answers apply.
Correct Answer:
Verified
Q43: Qualitative opportunity assessment methods are used primarily
Q44: Large-scale opportunity assessment: For a small-to-medium business,
Q45: The market analysis approach is used to
Q46: The market analysis approach consists of assessing
Q47: The first step in the income statement
Q49: The final two segments of the income
Q50: In order to gain the financing needed
Q51: The purpose of calculating the potential return
Q52: When using the income statement approach to
Q53: When using the income statement approach to
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