Which of the following is NOT a major component used by retailers to determine a market's demand potential?
A) Population characteristics
B) Buyer behavior characteristics
C) Household income
D) Population density
E) Level of retail competition

Question

Quizplus · Accepted Answer

The level of retail competition is not a major component used by retailers to determine a market's demand potential. Instead, it is a factor that affects the competitive landscape within the market. The other options (population characteristics, buyer behavior characteristics, household income, and population density) are directly related to understanding the demand potential in a market by assessing the characteristics and behaviors of potential customers.

Which of the Following Is NOT a Major Component Used