Many Small Firms Seek to Establish a Particular Niche in the Market

question 184

Multiple Choice

Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger scale without exposing themselves to considerable risk of retaliation from larger companies. When a number of small businesses are operating in this manner, they are forcing the larger businesses to recognize and account for their influence on the market. In this way, small businesses are primarily

• A) fostering competition.
• B) providing technical innovation.
• C) creating jobs.
• D) satisfying the needs of other businesses.
• E) avoiding competition.

---

Definitions:

SSL

Secure Sockets Layer, a standard security technology for establishing an encrypted link between a server and a client—typically a web server (website) and a browser or a mail server and a mail client.

Domain Names

Unique names that identify internet resources such as websites, essentially serving as the address for the resource on the web.

IP Addresses

Unique numeric identifiers assigned to devices connected to a network that use the Internet Protocol for communication.

Electromagnetic Interference

Disturbance that affects an electrical circuit due to electromagnetic induction or radiation emitted from an external source.