Once a firm has done an analysis of the most viable markets for its products, then it must next A. determine the competition and develop strategies to overcome it.B.conduct an internal assessment of its capabilities.C. conduct an external analysis of the target market's economy, culture, and regulatory barriers.D. develop a product to meet the needs of those markets.E. achieve success with the product in its home market.

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06-01-2020
Business

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Once a firm has done an analysis of the most viable markets for its products, then it must next A. determine the competition and develop strategies to overcome it.B.conduct an internal assessment of its capabilities.C. conduct an external analysis of the target market's economy, culture, and regulatory barriers.D. develop a product to meet the needs of those markets.E. achieve success with the product in its home market.

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obash obash · Answer 1 · 2020-01-06T21:37:56+01:00

Answer:

Once a firm has done an analysis of the most viable markets for its products, then it must next develop a product to meet the needs of those markets.

Explanation:

After thorough analysis of market viability which entails feasibility study, competitor, types of market be it monopoly, or otherwise, change in price among other features, developing a product to meet the needs of those markets comes in order to meet the demand of consumers there should be a change or increase in supply, packaging, re-branding, price in order to have stability.

ogorwyne ogorwyne · Answer 2 · 2021-12-09T11:39:02+01:00

Once a firm has done an analysis of the most viable market for its product, then it has to develop a product to meet the needs of those markets.

The answer to this question is option D. It is important that the products that are to be developed are matched to meet with the needs of the market that it is made for.

The new product that is to be developed must be able to provide a satisfaction that other goods cannot satisfy. The existence of a new product would allow a new person to enter the market

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