According to your text, when selecting a target market, firms should consider three important factors: growth potential, level of competition, and
A)proximity to the market.
B)cultural factors.
C)economic conditions.
D)profitability timeframe.
E)strategic fit.

Question

Quizplus · Accepted Answer

Strategic fit is crucial as it ensures that the target market aligns with the company's overall strategy and resources, enhancing the likelihood of success.

According to Your Text, When Selecting a Target Market, Firms