Market Assessment
Commerce ⇒ Entrepreneurship
Market Assessment starts at 11 and continues till grade 12.
QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Market Assessment.
How you perform is determined by your score and the time you take.
When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.
See sample questions for grade 11
A company estimates that there are 10,000 potential customers in a city, and expects to capture 5% of the market. What is the expected number of customers?
A new entrepreneur wants to launch a mobile app for online grocery delivery in a city. What market assessment steps should they follow?
Describe any one method used to estimate market size.
Explain the importance of market assessment for a new entrepreneur.
Explain the role of customer feedback in market assessment.
Explain the term 'market share'.
Explain why understanding market trends is important for entrepreneurs.
List any two factors that affect market demand.
State any one reason why market assessment is important before launching a new product.
What is market assessment in the context of entrepreneurship?
What is the difference between primary and secondary market research?
