Which of the Following Best Completes the Statement,'A ______ Is

question 51

Multiple Choice

Which of the following best completes the statement,'A ______ is a group of consumers once considered too small and inaccessible for marketers to pursue.Marketers are now able to offer ______ products that appeal to small,specialized groups or people.' ?

• A)Niche market,niche.
• B)Micromarket,specialized.
• C)Niche market,specialized.
• D)Micromarket,personalized.
• E)Micromarket,niche.

Understand the principles governing torts related to property, including trespass and conversion.

Analyze the legal responsibilities and liabilities that arise in employment and reference-related torts.

Understand the concept of injurious falsehood and its impact on businesses.

Comprehend the legal boundaries of marketing practices and the tort of passing-off.

---

Definitions:

Meganational Strategy

A strategy used by corporations that operate on a global scale, focusing on maximizing their reach and resources across multiple national borders.

Adaptation

The process of change by which an individual or group becomes better suited to its environment or circumstances, often involving modifications in structure, behavior, or practices.

International Strategy

A business approach that entails deciding how to enter and operate in global markets, including considerations of scale, scope, and the adaptation of products and services for local needs.

Value Chain Analysis

A strategic analysis tool used to identify the activities within a company that create value and those that could be improved to provide competitive advantage.