One Drawback of Niche Marketing Is That a Company Often

question 67

True/False

One drawback of niche marketing is that a company often has to reduce the price of its product due to the smaller volume of sales it can expect.

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Definitions:

Color Vision

The ability of the eye to distinguish different wavelengths of light, enabling the perception of various colors.

Colorblindness

A genetic or acquired inability to see color or differentiate colors, affecting the perception of hues.

Proprioceptive Feedback

A type of sensory information that provides input on the position and movement of one's body parts, critical for coordinating movements and maintaining posture.

Kinesthetic Sense

The ability to sense body position and movement, also known as proprioception, which helps in coordinating motor functions.