Which of the following is a characteristic of emerging markets?
A) Sales are highest in this stage of the product life cycle.
B) Factors that drive market growth are clearly defined at this stage.
C) Market segments are most defined at this stage.
D) Profits are not obtained at this stage of the product life cycle.

Question

Quizplus · Accepted Answer

Emerging markets are characterized by high growth potential but also high risk and uncertainty. Companies may not see profits in the early stages of entering an emerging market due to factors such as infrastructure challenges, regulatory hurdles, and competition.

Which of the Following Is a Characteristic of Emerging Markets