A Market Segment Is Less Attractive When ________

question 78

Multiple Choice

A market segment is less attractive when ________.

• A) there are few aggressive competitors in the segment
• B) it is difficult for new entrants to enter the segment
• C) it contains powerful suppliers who can control prices
• D) substitute products are unavailable in the segment
• E) buyers in the market segment have weak bargaining powers

---

Definitions:

Employee

An individual who provides services to an employer under an expressed or implied contract of hire, for which the employer pays wages or salary.

Fair Labor Standards Act of 1938

United States federal law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards.

Child Labor

The employment of children in an industry or business, especially when illegal or considered exploitative.

Unions

Organizations formed by workers to protect their rights and interests through collective bargaining with employers regarding wages, working conditions, and benefits.