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 12
A business finds that the total market demand for its product is 20,000 units per year, and it sells 4,000 units. What is its market share percentage?
A company estimates that there are 10,000 potential customers for its product in a city. If the average purchase per customer is Rs. 500, what is the estimated market size?
A company wants to launch a new energy drink. What market assessment steps should it follow before launching?
Describe the role of competition analysis in market assessment.
Explain the difference between market potential and market demand.
Explain the importance of understanding customer needs in market assessment.
Explain the term 'market share' in the context of market assessment.
Explain the term 'target market' in the context of market assessment.
Explain why it is important to assess the market before launching a new product.
List any two challenges faced during market assessment.
List any two quantitative techniques used in market assessment.
List any two secondary sources of market information.
What is market assessment in the context of entrepreneurship?
What is the difference between primary and secondary market research?
What is the purpose of conducting a competitor analysis during market assessment?
