Looking for a Vacant Niche Helps a Company Determine

question 23

Multiple Choice

Looking for a vacant niche helps a company determine

• A)the size of the marketing department.
• B)its projected R & D expenditures.
• C)its advertising budget.
• D)the best place to position a product.
• E)the best place to locate a new facility.

---

Definitions:

Budget Deficit

An economic situation where a government's expenditures exceed its revenue over a specified period of time, leading to borrowing or money printing.

Deficit Financing

The practice of funding government spending by borrowing rather than from taxation, leading to a budget deficit.

Tax Rates

The percentages at which income, property, and sales are taxed by governments, varying for different levels of income or value.

Market For Loanable Funds

The market in which those who want to save supply funds and those who want to borrow to invest demand funds.