HSA 305 WEEK 5 QUIZ / HSA305 WEEK 5 QUIZ.: GRADED A | 100% CORRECT |STRAYER

HSA 305 WEEK 5 QUIZ
 Question 1
4 out of 4 points
Market demand for a product or service is:
Selected
Answer: a function of the total volume that would be bought by a defined
customer group under a certain set of conditions.
Correct
Answer: a function of the total volume that would be bought by a defined
customer group under a certain set of conditions.
 Question 2
4 out of 4 points
What is the maximum number of sales that might be available to all the firms in
an industry during a specified period of time?
Selected Answer:
Total market potential.
Correct Answer:
Total market potential.
 Question 3
4 out of 4 points
What is the art of anticipating what buyers are likely to do under a given set of
conditions?
Selected Answer:
Forecasting.
Correct Answer:
Forecasting.
 Question 4
4 out of 4 points
What tool is used to organize, analyze, sort and distribute competitive
information?
Selected
Answer: Market intelligence software.