In the Context of Small Business Opportunities, Which of the Following

question 122

Multiple Choice

In the context of small business opportunities, which of the following statements is true of market niches?

• A) They tend to have many competitors.
• B) They fail to offer enough potential for small, specialized companies.
• C) They tend to be quite attractive to small firms.
• D) They are high-profile enough for large firms.

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Definitions:

Protestant Work Ethic

A concept emphasizing hard work, discipline, and frugality as a result of one's faith, historically linked to Protestantism and seen as a factor in the economic success of individuals and societies.

Nonmaterial Culture

Aspects of culture that are not physical, including beliefs, values, norms, and languages.

Ideas

Mental concepts or thoughts that can be based on observations, experiences, or theoretical insights.

Television Programs

Broadcasted shows or series designed for entertainment, information, or education, presented on TV.