Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delive

Question

2 years ago

9

Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delive

red over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore's realistic market opportunity, approximately

Business

1 answer:

Rom4ik [11] · Answer 1 · 2022-08-29T19:36:35+03:00

Rom4ik [11]2 years ago

3 0

Answer:

The answer is "$8.33billion".

Explanation:

Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.

1/3 of the $25billion = $8.33 billion.