sub market is a :a) single homogeneous marketb) multiple Marketc)mixed marketd)none of the above
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Subject:
CBSE BOARD XII -
Author:
brenda -
Created:
1 year ago
Answers 2
Answer:
b) multiple Market
Explanation:
sub market is a : multiple Market
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Author:
juniorki3z
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The submarket is a single homogeneous market. (Option A)
- A submarket is defined roughly as a discrete segment of a larger market.
- A market is often a city or an MSA in the commercial real estate context, while a submarket is a smaller defined region inside the market, such as a neighborhood or suburb.
- Most products and services marketplaces may be divided into sub-markets that cater to the various requirements and desires of different customer groups.
- For example, the market for new automobiles might be divided into electric and hybrid vehicles, as well as petrol and diesel-powered vehicles.
- A submarket is a subset of a bigger market or a single homogenous market.
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Author:
lolafoley
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