An entrepreneur might use which of the following criteria when choosing a target market?
A) the cost of each transaction
B) the time involved to serve each customer
C) the method of communication necessary
D) cost of goods sold
E) All of the answers are correct.

Question

Quizplus · Accepted Answer

An entrepreneur considers multiple factors such as transaction costs, time to serve customers, communication methods, and cost of goods sold when choosing a target market.

An Entrepreneur Might Use Which of the Following Criteria When