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:

Brady Handgun Violence Prevention Act

A U.S. federal law that mandated federal background checks on firearm purchasers in the United States, and imposed a five-day waiting period on purchases, until the NICS system was implemented in 1998.

Supreme Court Case

A Supreme Court case is a legal dispute brought before the Supreme Court of the United States for a final decision on matters of law.

Dual Federalism

A political arrangement in which power is divided between federal and state governments in clearly defined terms, with state governments exercising those powers accorded to them without interference from the federal government.

Commercial Republic

A concept describing a state that is guided by economic interests and where commercial activities are vital to the nation's interests and policies.