Which of the Following Would Best Benefit the Development of Niche

question 173

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:

Weekly Payroll

The total sum of all employee earnings paid on a weekly basis.

Supplies on Account

Supplies purchased by a company on credit, for which payment will be made at a later date, increasing accounts payable.

Historical Cost

The original monetary value of an asset or liability, recorded at the time of its acquisition or incurrence.

Fair Values

The estimated price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.