Name: 
 

Chapter 2: Spotting Trends and Opportunities



Matching
 
 
a.
market research
b.
brainstorming
c.
e-commerce
d.
baby boomers
e.
echo boomers
f.
life cycle
g.
aftermarket
h.
growth segment
i.
growth industry
j.
market segmentation
 

 1. 

a free and open exchange of ideas
 

 2. 

the process of conducting business operations over the Internet
 

 3. 

those born between 1947 and 1966 (about 10 million Canadians)
 

 4. 

an identifiable slice of an industry that is expanding more rapidly than the industry as a whole
 

 5. 

those born between 1980 and 1995 (about 5.5 million Canadians)
 

 6. 

breaking down potential markets into homogeneous groups with similar characteristics and qualities
 

 7. 

collection and analysis of data pertinent to an existing or potential market
 

 8. 

the marketplace where replacement items can be purchased, such as auto tires and sewing machine belts
 

 9. 

four stages, from birth to death, of a product, business, service, industry, or location
 

 10. 

an industry whose annual sales increase is well above average
 



 
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