Which of the Following Is True About Market Nichers

question 146

Multiple Choice

Which of the following is true about market nichers?

• A) They are market followers in small markets.
• B) They tend to have high manufacturing costs.
• C) Their return on investment exceeds that in larger markets.
• D) A nicher achieves high volume as against a mass marketer that achieves high margin.
• E) They usually experience long-term losses.

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Definitions:

Generalizations

Broad statements or conclusions drawn from specific instances, often used to simplify complex information.

Inferences

Deductions or conclusions drawn from evidence and reasoning rather than from explicit statements.

Feasibility Section

A part of a plan or proposal that evaluates the practicality and possibility to implement the project or solution successfully.

Allotted Time

A specific duration designated for a particular task or activity.