Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 1 Business Studies online lessons on entrepreneurship

Meaning and examples of market gaps

 (2m 32s)
1815 Views     SHARE

Download as pdf file

Answer Text:
Meaning and examples of market gaps
-A market gap refers to an unsatisfied need in the community. Examples:
-poor quality of products in the market
-Poor service delivery to the customers
-High prices of products in the market
-Lack of variety of goods and services
-Shortage of products in the market
-Unavailability of a given product in the market.


|