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Economics

Answered

when you decide to put up a business, what factors are you going to consider in choosing the market that you would cater to?

Sagot :

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Answer:

When you choose a market, you should consider five main factors:

How many customers are in the market?
Can these customers pay for your products or services?
Do these customers have the need you solve?
How many competitors are competing for your customers' business?
How does your business compare to your competitors?

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