Which of the Following Actions Is Closely Associated with the Niche

question 120

Multiple Choice

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

• A)Choosing a target market that is not crucial for the success of major competitors
• B)Manufacturing products in bulk and targeting the average customer
• C)Selling products that do not have extra frills
• D)Creating cross-departmental teams across all the strategic business units

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Definitions:

Brightness

A subjective attribute of visual perception in which a source appears to emit or reflect a high level of light.

Saturation

In color theory, saturation denotes the intensity of color in an image or visual object; in marketing, it refers to the level of market penetration of a product, service, or message.

Trichromatic Theory

A theory of color vision that suggests our ability to perceive color is based on the response rates of three types of cones in the eye, each sensitive to different light wavelengths.

Color Vision

The capability of the visual system to distinguish objects based on the wavelengths of the light they reflect, emit, or transmit.