________ for a product is the total volume that would be bought by a defined customer group in a defined geographical area in a defined time period in a defined marketing environment under a defined marketing program.
A) Company demand
B) Area market potential
C) Market demand
D) Company sales potential
E) Total market potential

Question

31-01-2020
Business

contestada

________ for a product is the total volume that would be bought by a defined customer group in a defined geographical area in a defined time period in a defined marketing environment under a defined marketing program.
A) Company demand
B) Area market potential
C) Market demand
D) Company sales potential
E) Total market potential

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Numenius Numenius · Answer 1 · 2020-02-03T12:01:48+01:00

Answer: (C) Market demand

Explanation:

The market demand is the process that basically describe about the various types of products and the services and their total amount that the customers are willing to purchase at the fixed price in the market.

The market demand is one of the type of schedule in which the quantity of the products in the economics in which the sum of all the customers quantity are demanded with the equal price.

According to the given question, the market demand is one of the marketing environment that define all the programs in the market. Therefore, Option (C) is correct answer.