Which of the Following Statements Is True of a Niche

question 34

Multiple Choice

Which of the following statements is true of a niche strategy?

• A)Only large companies can implement a niche strategy.
• B)Companies that adopt a niche strategy have only a small number of customers.
• C)Only the companies that do not have competitors can adopt a niche strategy.
• D)Companies that adopt a niche strategy can only gain a price advantage over competitors.

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Definitions:

Executive Summary

A concise document summarizing the key points of a more detailed report or proposal.

Supporting Points

Information or evidence provided to strengthen an argument or proposition, making the main idea more convincing.

Findings Section

A portion of a report or document where the results of an investigation or research are presented and explained.

Talking Heads

A slang term for commentators or pundits who are frequently seen on television news shows, often providing opinions or analysis.