Which of the Following Would Best Benefit the Development of Niche

question 106

Multiple Choice

Which of the following would best benefit the development of niche marketing?

• A)A decline in the cost of advertising on radio and newspapers enabling firms to more efficiently reach a wide audience.
• B)A Supreme Court ruling that limits the market share individual firms in a market are allowed to serve.
• C)A growing acceptance of free trade agreements such as NAFTA.
• D)A manufacturing improvement enabling firms to more efficiently design and produce specialized products for small groups of consumers.

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Definitions:

Social Responsibility

Social responsibility involves businesses and individuals acting in a manner beneficial to society, focusing on ethical practices, sustainability, and community welfare.

Work Environment

The setting, conditions, and culture in which employees perform their job duties, including physical space, social aspects, and organizational practices.

Tax Law Provision

A specific clause or element within tax legislation designed to guide tax liability, exemptions, or credits.

Strategic Alliance

A formal agreement between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.