Which of the Following Would Best Benefit the Development of Niche

question 243

Multiple Choice

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

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

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Definitions:

Naysayers

Individuals who are often negative or skeptical about ideas and refuse to believe in the possibility of success.

Specialized Cells

Cells that have developed unique characteristics and functions to perform specific tasks within an organism.

Sensory Neurons

Nerve cells responsible for converting external stimuli from the environment into internal electrical impulses for the brain to interpret.

Synapses

The junctions through which neurons communicate with other neurons, muscle cells, or gland cells.