Which of the Following Actions Is Associated with the Niche

question 106

Multiple Choice

Which of the following actions is associated with the niche strategy?

• A)​Choosing a target market that is not crucial to the success of major competitors
• B)Manufacturing products in bulk and targeting average customers
• C)Selling products without extra frills or options
• D)​Creating cross-departmental teams across all the strategic business units

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Definitions:

Cairo

The capital city of Egypt, known for its ancient monuments, including the Pyramids of Giza and the Sphinx, as well as its rich cultural heritage.

Rudyard Kipling

An English journalist, short-story writer, poet, and novelist, famous for his works like "The Jungle Book" and "If—".

"The White Man's Burden"

A poem by Rudyard Kipling, which encouraged Western powers to colonize and rule over non-Western societies, believed to be for the latter's benefit but criticized for promoting imperialism.

Imperialism

The policy, practice, or advocacy of extending the power and dominion of a nation especially by direct territorial acquisitions or by gaining indirect control over the political or economic life of other areas.