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Philips Calculates That the Total Number of Light Bulbs Sold

Question 141

Multiple Choice

Philips calculates that the total number of light bulbs sold to consumers in the next year by all light bulb producers, given their anticipated marketing efforts, will be one billion.This figure represents the industry's:


A) sales potential.
B) market potential.
C) target growth rate.
D) sales forecast.
E) sales objective.

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