1. It is any place where sellers of particular goods or services can meet with buyers of those goods and services.
a. Market
c. Market Need
b. Need
b. None of these
2. It is the part of the total population that has shown some level of interest in buying a particular product or service.
a. Potential Market
C. Available Market
b. Total Addressable Market
d. Both A and B
3. The market is composed of
a. Existing Costumer
c. Target Market Users
b. People who have not yet purchased your product d. All of the above
4. It is a motivating force that compels action for its satisfaction.
a. Market
c. Market Need
b. Need
b. None of these
5. A potential market with respect to the total population is composed of
a. Available Market
c. Penetrated Market
b. Target Market
d. All of these​