What Characterizes an Emerging Niche Market

question 25

Multiple Choice

What characterizes an emerging niche market?

• A) No customers are willing to try new products
• B) There are no customers in this niche
• C) There is no current niche
• D) No companies are addressing the needs of customers

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Definitions:

Constitutional Challenge

A legal claim raised during a case questioning the compatibility of a law with the constitution.

University Admissions

University admissions is the process through which students apply to and are selected for enrollment in a university or college, often based on academic merit, test scores, and other criteria.

African American

A term referring to Americans of African descent, particularly those whose ancestors were enslaved and brought to the United States.

Latino

A term used to describe people of Latin American origin or descent, often living in the United States.