A business development tool used to determine when maximum market penetration will occur. Expressed as a ratio between actual customers and potential customers in a specific market.
Related information about market development index:
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Feb 17, 2010 ... The Market Development Index is a very important metric that helps businesses gauge their market growth and the approximate year the ...
- Market Development Index: Definition from Answers.com
market development index Relationship between potential and actual customers of a brand in a particular market (geograph.
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Definition of market development index: A business development tool used to determine when maximum market penetration will occur. Expressed as a ratio ...
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