5 Questions
What is market growth?
Market growth refers to the increase in the total market size or demand for a particular product or service over a specific period of time.
What are the factors that can influence market growth?
Various external and internal factors including changes in consumer preferences, technological advancements, demographic shifts, economic conditions, and regulatory changes can influence market growth.
What is organic growth in the context of market growth?
Organic growth occurs when a market expands naturally due to increased consumer demand, new product innovations, or other internal factors within the industry.
What is inorganic growth in the context of market growth?
Inorganic growth happens when a market expands through external means, such as mergers, acquisitions, or partnerships.
What are the challenges associated with inorganic growth?
Inorganic growth can provide quick market expansion but may come with challenges related to integration and cultural differences.
Test your knowledge of market growth and how companies achieve growth in this Marketing Management Class 12 quiz by Prof Vaishali. Explore the factors influencing market growth and understand the strategies companies use to expand their market presence.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
