When defining a portfolio, what kind of evaluation criteria can a portfolio manager apply?

Market share, market growth, and new markets represent only the strategic market dimension of evaluation and are insufficient without also considering compliance requirements and risk exposure.

Legal and regulatory compliance is one mandatory evaluation dimension but addresses only the constraints side of portfolio assessment, omitting strategic and risk considerations.

Risks, internal and external, represent only the risk dimension of evaluation and must be combined with strategic and compliance criteria for a complete portfolio assessment.

All of the above is correct because comprehensive portfolio evaluation requires considering market factors (share, growth, new markets), mandatory constraints (legal/regulatory compliance), and risk dimensions (internal and external) together - any single dimension alone provides an incomplete and potentially misleading basis for portfolio decisions, so all must be applied in combination.