A(n)_____ Is Designed to Avoid Direct Competition with Larger Firms

question 39

Multiple Choice

A(n) _____ is designed to avoid direct competition with larger firms who are pursuing the bigger segments.

• A)growth-market strategy
• B)undifferentiated market strategy
• C)peripheral market strategy
• D)niche-market strategy

---

Definitions:

Social Change

The transformation of cultural, social, economic, or political structures over time, which may result from behavior, products, institutions, or technologies.

Changing Seasons

The division of the year based on shifts in weather, ecology, and hours of daylight, resulting from the Earth's orbit around the Sun and its axial tilt.

Inspirations for Social Change

Factors or agents that motivate or influence the undertaking of actions aimed at altering social structures or practices.

Social Change

The alteration in the social order of a society, encompassing changes in the nature, social institutions, social behaviors, or social relations of a society.