Market potential of the project report includes ___________.
Answers
Finding most potential shops which may use security system. Major Factors considered in the selection of the security systems. To know the awareness of various security products in the market. To find satisfaction level of current security systems used in shops.
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Complete question:
Market potential of the project report includes______________.
demand and supply conditions
market strategy
after sales service
all the above
Answer:
Correct option is :D
all the above
Market potential of the project report includes demand and supply conditions market strategy after sales service.
Explanation:
Market potential Report: Report on Market Potential, page 1. Market Potential data quantifies the likely level of demand for a good or service within your market area. You can use this report to make decisions about where to offer products and services.
- The size of the potential market for a given product at a given point in time. It stands for the maximum potential of the market for a given good.
- Sales volume or sales value are typically used to gauge market potential. A strategic tool for locating market opportunities and allocating resources where they will yield the highest long-term returns is market potential analysis.
- Although it is not used for short-term forecasting, market potential analysis can assist in identifying markets with high growth potential in the future.
Project report objectives:
- Requesting approval for new project.
- Tracking progress of the project.
- Identifying managing risks.
- Managing costs and budgets.
- Requesting financial assistance.