Which of the Following Would Best Benefit the Development of Niche

question 243

Multiple Choice

Which of the following would best benefit the development of niche marketing?

• A) decline in the cost of advertising on radio and newspapers enabling firms to more efficiently reach a wide audience
• B) Supreme Court ruling that limits the market share individual firms in a market are allowed to serve
• C) growing acceptance of free-trade agreements such as NAFTA
• D) manufacturing improvement enabling firms to more efficiently design and produce specialized products for small groups of consumers

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Definitions:

Genetic Influences

Factors in a person’s development and traits that are determined by genes inherited from their parents, including physical characteristics and predispositions to certain behaviors or conditions.

Mate Selection

The process by which individuals choose their partners, often based on factors such as compatibility, traits, and mutual attraction.

Evolutionary Psychology

A field of psychology that examines psychological traits, such as memory and perception, as adaptations to evolutionary processes.

Genes

Segments of DNA that are responsible for hereditary characteristics and serve as the basic units of heredity.