The question,"What is the aggregate demand in each of the selected markets?" should be answered in stage ________ in the determination of market potential.
A)one
B)two
C)three
D)four
E)five

Question

Quizplus · Accepted Answer

The determination of market potential consists of five stages: (1) selecting the country/markets to analyze, (2) collecting market data, (3) estimating market demand, (4) forecasting sales potential, and (5) selecting target markets. The question of aggregate demand in each of the selected markets is addressed in stage two, where market data is collected, and in stage three, where market demand is estimated. Therefore, the correct answer is stage two (B).

The Question,"What Is the Aggregate Demand in Each of the Selected