study guides for every class

that actually explain what's on your next test

Target

from class:

Intro to Business

Definition

In the context of business, a target refers to a specific objective or goal that a company aims to achieve within a certain timeframe, such as increasing market share, enhancing customer satisfaction, or entering new markets. It can also refer to the particular segment of the marketplace a business intends to serve with its products or services.

congrats on reading the definition of Target. now let's actually learn it.

ok, let's learn stuff
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.