It Is Most Accurate to Say That Successful Niche Marketing

question 42

Multiple Choice

It is most accurate to say that successful niche marketing relies on a firm's ________ and its ________.

• A)marketing strategy; services
• B)individual relationships with customers; positioning
• C)superior products; value network partners
• D)greater knowledge of customers' needs; special reputation
• E)competitive advantage in comparison to mass-market companies; affordable pricing

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Definitions:

Private Speech

The self-directed speech of an individual, especially common in children, used for self-regulation or problem-solving, first studied by Lev Vygotsky.

Grammar

The set of structural rules governing the composition of clauses, phrases, and words in any given natural language.

Communicate

The process of conveying information, thoughts, or feelings between individuals or groups through verbal, non-verbal, or written means.

Popularity

The status of being popular or widely appreciated and supported by a large number of individuals.