A market opportunity results from
A)the right combination of circumstances and timing that permit an organization to take action to reach a particular target market.
B)monitoring the firm's capabilities.
C)an increase in market share and profits.
D)an assessment of environmental forces.
E)technological determinism.

Question

Quizplus · Accepted Answer

A market opportunity arises from a favorable combination of circumstances and timing that enables an organization to address a particular target market. This opportunity may be related to changes in customer needs, emerging trends, technological advancements, or gaps in the market that the company can potentially fill. It is not solely based on monitoring the firm's capabilities or environmental forces or an increase in market share and profits. Technological determinism is also not directly related to market opportunities.

A Market Opportunity Results from