target-companies

Vocabulary Word

Definition
'Target companies' are specifically selected firms that a person, or a company, has an interest in for a particular reason. Maybe they want to work there, collaborate with them, or they could be potential clients or acquisition targets.
Examples in Different Contexts
Practice Scenarios
Tech

Scenario:

Our new project management tool should be helpful to retail businesses. Maybe we should focus our sales effort in that direction.

Response:

Yes, let's categorize all major retail chains as our target companies for the new software rollout.

Marketing

Scenario:

There's a significant potential in small and medium businesses market. They're going to need agencies like us for their growth.

Response:

I agree; we should create a pitch tailored towards these target companies to showcase our expertise.

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