Explain Niche-Market and Growth-Market Strategies.Provide Relevant Examples

question 29

Essay

Explain niche-market and growth-market strategies.Provide relevant examples.

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Definitions:

NIC

Stands for Network Interface Card; a hardware component that connects a computer to a network.

LAN

Local Area Network, a computer network that interconnects computers within a limited area such as a residence, school, laboratory, or office building.

ERP

Enterprise Resource Planning, a type of software that organizations use to manage daily business activities like accounting, procurement, project management, and manufacturing.

Hate Speech

Any speech, gesture, conduct, writing, or display that may incite violence or prejudicial action against or by a particular individual or group, or because it disparages or intimidates a minority group.