What is Market Analysis? - Definition & Examples


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What is a market analysis?

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1. Which of the following BEST describes the purpose of the definition and outlook of your industry in a market analysis?

2. What are the main components of market analysis?

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About This Quiz & Worksheet

Using these tools, see what you know about the process of market analysis. The quiz asks you to identify components of this type of analysis.

Quiz & Worksheet Goals

These educational resources help you check your knowledge of these topics:

  • A target market
  • Market analysis
  • Purpose of the definition and outlook of an industry
  • Components of market analysis

Skills Practiced

  • Defining key concepts - ensure that you can accurately define main phrases, such as target market and market analysis
  • Information recall - access the knowledge you have gained regarding the structure of market analysis
  • Reading comprehension - ensure that you draw the most important information from the related lesson on market analysis

Additional Learning

Develop a deeper understanding of this principle by looking at the lesson titled What is Market Analysis? - Definition & Examples. This lesson helps you accomplish these goals:

  • Understand the purpose of a market analysis
  • Determine how this process is conducted
  • Define competitive analysis
  • Examine what tariffs are used for