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Why is it important to forecast existing and emerging market needs?

Forecasting existing and emerging market needs is crucial for businesses to stay competitive and relevant. It enables companies to anticipate consumer demand, adapt their products or services accordingly, and identify new opportunities for growth. Additionally, understanding market trends helps mitigate risks and informs strategic decision-making, ensuring resources are allocated effectively. Ultimately, this proactive approach can lead to increased customer satisfaction and long-term profitability.


What is an emerging market?

An emerging market is a new major player on the world's economic stage. Some new nations that are emerging include Vietnam and Nigeria.


What is the definition of market mapping?

A research method that identifies the key customer requirements in a market and how existing products are positioned in that market. Market mapping is an important way of identifying gaps in the market.


What two countries referred as emerging market?

there are more then two countries referred as emerging market. there are four and these are; Brazil, Russia, India and China


What makes a market an emerging market?

What makes a market an emerging market is that it is faster becoming divers of global growth which does mean it includes Mexico, Argentina, Turkey, Poland, South Africa, and South Korea.


Is Sri Lanka a emerging market?

Yes.


What is the market cap for Templeton Emerging Markets Fund EMF?

As of July 2014, the market cap for Templeton Emerging Markets Fund (EMF) is $345,449,052.25.


What does emk mean in text talk?

Emerging Market


What is the market cap for VelocityShares Emerging Markets DR ETF EMDR?

As of July 2014, the market cap for VelocityShares Emerging Markets DR ETF (EMDR) is $5,000,000.00.


What is the market cap for VelocityShares Emerging Asia DR ETF ASDR?

As of July 2014, the market cap for VelocityShares Emerging Asia DR ETF (ASDR) is $17,103,000.00.


What is the market cap for First Trust Aberdeen Emerging Opportunity Fund FEO?

As of July 2014, the market cap for First Trust/Aberdeen Emerging Opportunity Fund (FEO) is $104,061,700.80.


What is the market cap for Stone Harbor Emerging Markets Income Fund EDF?

As of July 2014, the market cap for Stone Harbor Emerging Markets Income Fund (EDF) is $330,311,001.93.