A Niche Penetration Strategy Is Less Attractive When There Are

question 5

True/False

A niche penetration strategy is less attractive when there are few barriers to the entry of major competitors.

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Definitions:

Information Processing

A cognitive approach that considers how individuals encode, store, and retrieve information almost like a computer processing data.

Behaviorist

A proponent of the psychological approach focusing on observable behaviors and the ways in which they're learned, rather than on cognitive or emotional processes.

Piagetian

Piagetian relates to the theories of cognitive development proposed by Swiss psychologist Jean Piaget, focusing on how children develop intellectual abilities.

Psychometric

Relates to the science of measuring mental capacities and processes.