ADM 2313 Final Verified Answers
Q1. For any new entrepreneurial venture, the most important customer segment is the
a) Primary target audience
b) Primary predators
c) Fiduciary target audience
d) Secondary target audience ️a) Primary target audience
Q2. Suppose you want to launch a hi...
Q7. Market for fresh produce like fruits and vegetables tend to be
a) Perfectly competitive
b) Monopoly
c) Duopoly
d) Freemium market ✔️a) Perfectly competitive
Q8. The orange bars in the graph below most likely represents market segmentation for
*orange bars are focused on people aged 24-31*
a) Technology based product
b) Pharmaceutical products
c) Animal care products
d) Food products ✔️a) Technology based product
Q9. Organization of the Petroleum Exporting Countries (OPEC) operate in a
a) Oligopoly market
b) Monopoly market
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