If Consumer Tastes Change and a Focuser's Niche Disappears,the Danger

question 23

True/False

If consumer tastes change and a focuser's niche disappears,the danger for the focuser is that it might have difficulty shifting resources from its niche to another market segment.

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Definitions:

Krabbe Disease

A rare, inherited disorder affecting the nervous system, characterized by the destruction of myelin, a substance that insulates nerve fibers.

Special Damages

Compensation awarded in a lawsuit for actual and direct losses suffered, which are quantifiable, such as medical bills or lost wages.

Conditional Privilege

A legal concept in libel and slander law that offers protection from defamation suits when the statements made were under certain conditional or privileged circumstances.

Fair Comment

A legal defense that protects some statements made in the public interest from defamation charges, provided they are made without malice.