Proving that a profitable market exists involves:
A)proving that customers in the marketplace have a need for the good or service and are willing to pay for it.
B)honestly comparing your firm's products with a competitor's products,showing your advantages.
C)explaining how you will achieve your business objectives and market share goals.
D)showing the linkage between your plan of operation and your financial profitability.

Question

Quizplus · Accepted Answer

In order for a market to be profitable, there must be a need for the good or service and customers who are willing to pay for it. This is the foundation of any successful business. Comparing products, explaining business objectives, and showing the linkage between operations and profitability are all important factors, but they are secondary to the basic requirement of customer demand.

Proving That a Profitable Market Exists Involves