A Niche Market Is a Place Within a Market Segment

question 67

True/False

A niche market is a place within a market segment that represents a narrow group of customers with similar interests.

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Definitions:

Mixed/Whole Numbers

Numbers that consist of both an integer and a fraction part.

Percents

A mathematical term denoting fractions of a hundred, used to describe proportions, interest rates, and changes in values.

Decimals

Numbers expressed using a decimal point to separate the whole part from the fractional part.

Mixed/Whole Numbers

Numbers consisting of both a whole number and a fractional part, commonly used in everyday measurements.