Which Strategy Involves Serving One or More Segments That,while Not

question 8

Multiple Choice

Which strategy involves serving one or more segments that,while not the largest,consists of a sufficient number of customers seeking somewhat-specialized benefits from a good or service?

• A)Growth market strategy
• B)Niche market strategy
• C)Undifferentiated market strategy
• D)Peripheral market strategy

---

Definitions:

Tight Societies

Societies characterized by strict social norms and heavy penalties for deviating from those norms, which lead to a high level of conformity among its members.

Cultural Norms

Shared beliefs, values, customs, and behaviors that dictate the acceptable way of life within a specific society or community.

Everyday Interaction

The routine, daily social interactions among individuals within a community or society.

Emotional Labour

The process of managing and regulating one's emotions to align with the expectations or requirements of a job or social situation.