Question

Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore's realistic market opportunity, approximately

Answer 1

The answer is "$8.33billion".

Step-by-step explanation:

Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.

1/3 of the $25billion = $8.33 billion.