GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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03:34 Aug 26, 2001 |
English language (monolingual) [PRO] Bus/Financial | |||||||
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| Selected response from: Angela Arnone Local time: 17:40 | ||||||
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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na +1 | As I understand it from my translating experience: |
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As I understand it from my translating experience: Explanation: The \"relevant\" market you refer to means that in which a company operates: its specific sector. If you make gears, your relevant market will be that which requires gears. If you make perfume, your relevant market is perfume users. Does this sound too simplistic? It is not really a difficult concept but unless you encounter the reality of it most people don\'t stop to think that of course you have to aim to sell where your defined customer is. Angela |
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