Which of the Following Would Best Benefit the Development of Niche

question 73

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

---

Definitions:

Dishonored

Dishonored describes a financial instrument, such as a check or promissory note, that has been refused acceptance or payment.

Promissory Note

A financial instrument involving a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Presentment

The act of formally presenting a document, such as a check or draft, for acceptance or payment.

Dishonored

Refers to a financial instrument (check, promissory note) that is not accepted or paid upon presentation.