What Strategy Is Used to Implement Niche Marketing

question 22

Multiple Choice

What strategy is used to implement niche marketing?

• A) selling to a mass market
• B) extending product features to sell to more geographical regions
• C) emphasizing a multi-product or service
• D) concentrating on the superiority of the product or service

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Definitions:

Quasi Contract

An obligation imposed by law to prevent unjust enrichment, even though the parties involved did not enter into a contractual agreement.

Restitution

A legal principle requiring a party to return or compensate for any loss or harm they have caused to another.

Oral Agrees

Agreements or contracts made through spoken communication rather than written, subject to certain legal limitations.

Consequential Damages

Indirect losses that arise not directly from a breach of contract but as a foreseeable result of the breach.