Mauve Starts a Business That Specializes in Procuring and Selling

question 65

Multiple Choice

Mauve starts a business that specializes in procuring and selling antique items. Her business caters specifically to individuals who have high-income jobs and who like collecting unique artifacts. Mauve does not have much competition and can decide the prices of her products without any external influence. The opportunity of _____ is highlighted in the given scenario.

• A) providing personal customer service
• B) exploiting market niches
• C) using technology
• D) having lower overhead costs

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Definitions:

Consciousness

Everything of which we are aware at any given time-our thoughts, feelings, sensations, and perceptions of the external environment.

Memory

The process of encoding, storage, and retrieval of information.

Identity

The fact of being who or what a person or thing is; a close understanding and recognition of one's own character, values, and attributes.

Bipolar Disorder

A mental illness characterized by extreme mood swings, including manic and depressive episodes.