The correct option is C. An organization's target market is the group of potential customers toward whom it directs its marketing efforts.
A goal marketplace, also called a serviceable obtainable market (SOM), is a group of clients within an enterprise's serviceable-to-be-had market at which the enterprise pursues its marketing efforts and assets. A goal marketplace is a subset of the whole marketplace for services or products.
The goal marketplace typically includes customers who showcase comparable characteristics (which include age, region, profits, or way of life) and are considered most probable to buy a business's market services or are probable to be the most worthwhile segments for the commercial enterprise to the carrier via OCHOM.
A target marketplace is a set of human beings that have been identified as the most probable ability customers for a product because of their shared traits together with age, income, and lifestyle.
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If there is a decrease in the break-even point, the selling price per unit must increase.
<h3>What is Break-Even Point? </h3>
When the total cost and total revenue are equal, it is the break-even point. It means that there is no loss or gain for the small business. The company is at the point where the cost of the product is equal to the revenue for the product. The Break-even price analysis helps in smarter prices, setting revenue targets, taking smarter decisions, limiting financial strain, catching the missing expenses, and most important funding your business. It can be calculated in two ways; by determining the number of units that are to be sold or by the number of sales.
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The answer is forced ranking. Forced Ranking Performance
Review System, refers to the management tool wherein the management intensely
evaluates its employees yearly to identify the best and the worst performing
employees in the firm or business, using person-to-person comparisons, in the
situation given only the top twenty percent in terms of sales will be able to
receive a bonus, which shows exactly what Forced Ranking is all about.
This is actually false. The effect is quite the opposite, things are really slowed down but in return you get safety and security and unbiased procedures. That's why you need a lot of various paperwork for example when you get a driver's license, instead of they just deciding to give it to you. Bureaucracy prevents things like corruption and personal bias.
