Business Studies, asked by jajju8254, 1 year ago

what is market assessment? discuss the significance of market assesment for small scale enterprises

Answers

Answered by manojkumar6
0
the status of the company about the condition or services
Answered by lovingheart
2

Market Assessment:

It is the detailed information about new product potentials and about the new business ideas or about the new investment in the market. It is an analysis of market trends, risk, competition and resources of organizations.  

Significance- It helps the organization to decide where we should use the limited resources and use it for marketing business and in return it will provide a good outcome of investment. It helps in growing the business of small scale enterprises. It also helps in understanding the costumers.

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