The CA Hub

PRC-3 · Chapter 7 · Question 3 of 72

A luxury watchmaker designs its timepieces and advertising specifically to appeal to high-income professionals aged 40-60. What is this specific group of intended customers called?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) Target market

Explanation

A target market is a specific group of consumers with shared characteristics that a business has identified as the primary aim for its products and marketing efforts.

All 72 questions in Chapter 7Concepts of Branding and Marketing MCQs with answers

More Concepts of Branding and Marketing MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →