Which of the Following Is an Example of Identifying a New

question 136

Multiple Choice

Which of the following is an example of identifying a new niche in an established market?

• A) Modifying a cell phone keyboard to alphabetical order
• B) Reducing the number of outlets that sell computers
• C) Reducing the price of a printer so that it is more affordable
• D) Introducing a new computer in an industrialized country
• E) Designing a computer that can control traffic flow on a freeway

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Definitions:

Contract Amendment

A change or addition to the terms of an existing contract, agreed upon by all parties involved.

Legal Obligation

A requirement by law for an entity or person to adhere to certain behaviors or standards.

Materials Manager

A professional responsible for overseeing the acquisition, control, and distribution of materials and products within an organization, ensuring efficient operations and cost management.

Supply Chain Manager

A professional role focusing on overseeing and managing a company's supply chain operations to maximize efficiency, reduce costs, and ensure the timely delivery of products.