QUESTION IMAGE
Question
question 11 1 pts ______ is when a product or service meets strong demand for it in the market.
○ market analysis
○ product/market fit
○ return on investment
○ competitive analysis
Brief Explanations
To solve this, we analyze each option:
- "Market analysis" is studying the market, not about product - demand match.
- "Product/market fit" is defined as a product or service meeting strong market demand, which matches the description.
- "Return on investment" is about financial returns from an investment, not related to product - market demand.
- "Competitive analysis" is about analyzing competitors, not about product - market demand match.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
B. Product/market fit