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Question

According to Kotler, an attractive target market for a business needs to be as follows:


A

Measurable, specific, attractive, important

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B

Profitable, sustainable, unique, realistic

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C

Specific, social, economic, structured

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D

Realistic, accessible, significant, measurable

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E

Accessible, actionable, measurable, substantial

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F

None of the above is correct

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Solution

The correct option is E

Accessible, actionable, measurable, substantial


Explanation:A target market is a gathering of clients or customers inside a business’s useful accessible market, at which a business aims its promoting resources and efforts. A target market is a subset of the total market for a service or a product. When a business plans a good process for its obtained target market, policies should be framed such that they are accessible, actionable, measurable, and substantial.


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