Which of the Following Examples Illustrates a Niche Strategy

question 7

Multiple Choice

Which of the following examples illustrates a niche strategy?

• A)Libra Inc., a motor company, using new production techniques to achieve economies of scale
• B)Alpha Electronics deciding to dissolve one of its strategic business units
• C)Venus Inc. selling products similar to the ones available in the market
• D)Relish, a confectionery store, selling handcrafted chocolates in only one city

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Definitions:

Sexually Transmitted Infections

Infections that are primarily passed through sexual contact, including HIV, gonorrhea, and chlamydia.

Symptoms

are signs or indications of a condition or disease, as experienced by the patient.

Exposure

In a psychological context, it often refers to the technique of facing one's fears by gradual, systematic encounter with the feared subject, object, or situation.

Chlamydia

A common sexually transmitted infection (STI) caused by the bacterium Chlamydia trachomatis, which can infect both men and women and can be treated with antibiotics.