1) what is mass market? a) a very large market in which products with mass appeal are targeted. b) sell large quantities of a wide variety of consumer goods. c) the market for goods that are produced in large quantities d) non of them 2) what is market share? a) I don't know b) Out of total purchases of a customer of a product or service, what percentage goes to a company defines its market share. c) the portion of a market controlled by a particular company or product d) all above 3) what is risk? a) is when the business gets successful b) risk is a potential future situation that causes your business to lose money. c) money increases d) money is invested into a business and there is a chance the business will not succeed 4) what is dynamic market? a) they may grow or shrink. b) market that change over time. c) business that remain the same 5) what is one way that competition effect the market? a) competition put business under some pressure b) business that is successful c) business that doesn't get enough sales 6) what is market size? a) the size of a market can be estimated . b) calculated by total Seles. c) that its not calculated. 7) what is online retailing? a) allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app b) all above c) internet retail or online retail, stands for electronic retail.

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