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A Niche Is a Widely Defined Group of Potential Customers

question 109

True/False

A niche is a widely defined group of potential customers with a fairly broad set of needs.


Definitions:

Acquaintance

A person one knows slightly, but who is not a close friend.

Misogyny

The hatred of, contempt for, or prejudice against women or girls.

Hatred Of Women

Deep-seated aversion or hostility towards women, also known as misogyny.

Allowance for Doubtful Accounts

A contra-asset account that reduces the total accounts receivable on the balance sheet, representing the estimated uncollectible amounts from customers.

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