Which of the Following Is True of Niche Marketing

question 93

Multiple Choice

Which of the following is true of niche marketing?

• A)It involves designing specific products and services to meet the needs of different target groups.
• B)It involves a product being marketed to the entire market with no differentiation at all.
• C)It is a type of market segmentation that allows a company to focus its efforts on a limited segment in the market.
• D)It enables a marketer to customize offers and, in some cases, products to fit individual needs.

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Definitions:

Religious Beliefs

Personal convictions and attitudes towards spirituality or faith that influence an individual's lifestyle, practices, and perspectives.

Abortion

The medical or surgical termination of a pregnancy before the fetus is capable of independent survival.

Code of Ethics

A set of guidelines designed to help professionals conduct business honestly and with integrity, often specific to a particular industry or organization.

International Council

A global organization or assembly that brings together representatives from different countries to discuss, plan, and/or act on issues of mutual interest.