What Is a Propitious Niche? Provide an Example of a Firm

question 56

Essay

What is a propitious niche? Provide an example of a firm that has been able to occupy a propitious niche successfully.

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Definitions:

External Locus

The belief that one's outcomes or fate are controlled by external forces or the environment, as opposed to internal factors or personal effort.

African American

An ethnic group of Americans with total or partial ancestry from any of the black racial groups of Africa.

Guidance

Support or advice provided to someone to make decisions or to face problems or challenges.

Discipline

Methods and techniques used to teach and enforce acceptable behavior patterns, often emphasizing self-control and adherence to rules.