Which of the Following Would Best Benefit the Development of Niche

question 173

Multiple Choice

Which of the following would best benefit the development of niche marketing?

• A)a decline in the cost of advertising on radio and newspapers enabling firms to more efficiently reach a wide audience
• B)a Supreme Court ruling that limits the market share individual firms in a market are allowed to serve
• C)a growing acceptance of free trade agreements such as NAFTA
• D)a manufacturing improvement enabling firms to more efficiently design and produce specialized products for small groups of consumers

---

Definitions:

Feedback

Involves providing information or opinions about someone's performance or work, aiming to reinforce strengths or identify areas for improvement.

Managers

Individuals responsible for directing and overseeing the work of a group of people in an organization.

Performance

The act of carrying out or accomplishing tasks and duties, often measured against a set of standards or goals.

Performance Management

A systematic process by which an organization involves its employees in improving organizational effectiveness and achieving company objectives through a framework that includes goal setting, feedback, and performance evaluation.