A ______________ market is a market with broadly similar needs and sellers offering various-and often diverse-ways of satisfying those needs.
A) homogeneous
B) product
C) relevant
D) generic
E) target

Question

Quizplus · Accepted Answer

A generic market is defined by the broad needs it seeks to satisfy, rather than by the specific products or services offered. Sellers in a generic market provide diverse ways of fulfilling these broad needs.

A ______________ Market Is a Market with Broadly Similar Needs