A Portion of a Larger Market Whose Needs Differ Somewhat

question 17

Multiple Choice

A portion of a larger market whose needs differ somewhat from the larger market is referred to as a(n) _____.

• A) market segment
• B) niche
• C) subgroup
• D) ancillary market
• E) secondary market

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Definitions:

Allowable Tolerance

The range of variation permitted in a part's dimension, which ensures it will still function correctly without compromising safety or performance.

Technical Drawing

A precise and detailed form of drawing used to fully and clearly define requirements for engineered items.

Permissible Variation

The degree to which a value or dimension may vary without affecting the operation or purpose of a component or system.

Technical Drawing

A precise and detailed drawing, usually created by draftsmen or engineers, used to fully and clearly define requirements for engineered items.