1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elis [28]
2 years ago
13

Mauve starts a business that specializes in procuring and selling antique items. Her business caters specifically to individuals

who have high-income jobs and who like collecting unique artifacts. Mauve does not have much competition and can decide the prices of her products without any external influence. The opportunity of _____ is highlighted in the given scenario.
Business
1 answer:
stepan [7]2 years ago
6 0

Answer:

The opportunity of exploiting market niches is highlighted in the given scenario.

Explanation:

A market niche is "a small but profitable segment of a market suitable for focused attention by a marketer. Market niches do not exist by themselves, but are created by identifying needs or wants that are not being addressed by competitors, and by offering products that satisfy them. See also market segmentation. "

Reference: WebFinance Inc. “What Is Market Niche? Definition and Meaning.” BusinessDictionary.com, 2019

You might be interested in
__________ implies that pressure for price increases reaches across _______________markets, not just one.
Lapatulllka [165]

Answer:

"Inflation" implies that pressure for price increases reaches across "most" markets, not just one.

8 0
2 years ago
What difficulties may come when the proffession
antiseptic1488 [7]

Answer:

1. Lack of Vision

2. Lack of Focus

3. Lack of Willpower

4. Trying to Please Everyone

5. Fear

6. The Average Mentality

7. The Pursuit of Perfection

7 0
2 years ago
Merlin Frodo has been doing custom piercings and tattoos for over thirty years. His home and place of business is a garage in th
nataly862011 [7]

Answer:

C.

Explanation:

Data mining is the process of extracting information from the company´s various databases and reorganizing it for porposes other than what the databases were originally intended for.

It provides a means of extracting previously unknown, predictive information from the base of accessible data in data warehouse.

Data mining process is different for different organizations depending upon the nature of the data and organization.

Data mining tools are sophisticated, automated algorithms to discover hidden patterns, correlations, and relationships among organizational data.

5 0
3 years ago
Find the following values for a lump sum assuming annual compounding. a. The future value of $800 invested at 7% for one year b.
Dmitrij [34]

Answer:

For the first 2 we calculate the future value:

(A)856

(B)1,122.04

(C) and (D) thre present value will be 800

Explanation:

Principal * (1+ r)^{time} = Ammount

800* (1+ 0.07)^{1} = Ammount

856

800* (1+ 0.07)^{5} = Ammount

1,122.041358

\frac{856}{(1 + 0.07)^{1} } = 800

\frac{1,122.04}{(1 + 0.07)^{5} } = 800

5 0
3 years ago
"which term refers to a sponsoring entity's promotion of sponsorship?"
gizmo_the_mogwai [7]
Which term refers to a sponsoring entity's promotion of sponsorship? Activation strategies. When you have activation strategies, these are typically found in corporate sponsorship. Since you are marketing and promoting yourself at "causes" or events, you need to make sure you are identifying your target market and sponsoring at events that teach your market. 


5 0
3 years ago
Other questions:
  • Which one of the following is not something that shapes the fundamental character of a company's corporate culture?
    14·1 answer
  • Bond Yields and Rates of Return A 30-year, 10% semiannual coupon bond with a par value of $1,000 may be called in 4 years at a c
    6·1 answer
  • What is the purpose of a design brief?
    15·1 answer
  • In the 1970s, steve reich spent a month playing with and listening to drummers in
    7·1 answer
  • Zoom call anyone<br> im bored
    13·1 answer
  • What is a market supply schedule?
    11·2 answers
  • Jones Company incurred the following costs while producing 100 chairs: Units produced 100 chairs Direct materials $10 per unit D
    9·1 answer
  • 1 1.1 Briefly name and explain the aspects of the marking mix.​
    13·1 answer
  • When preparing a statement of cash flows (indirect method), an increase in ending inventory over beginning inventory will result
    9·1 answer
  • A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!