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Brums [2.3K]
4 years ago
13

According to Michael Porter, a firm practicing a niche strategy:

Business
1 answer:
Maslowich4 years ago
4 0

Answer:

b. Dominates a particular target market although its overall market share may be low.

Explanation:

  • A niche strategy of the porter was to come with the product that fills the market segment and is characterized by the narrow specialization of the services focusing on a specific need.
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Personal finance skills have the most significant impact on an individual's
ryzh [129]

Answer:

Quality of life.

Explanation:

Financial skills can be defined as those skills that are used to tackle an unpredictable financial situation. It requires knowledge and understanding to manage such situations. Using these skills one is able to turn this tough situation in favor of ownself.

Such skills are used in the professional line by accountants, financial analysts, etc.

<u>Having personal financial skills helps in enhancing the quality of life. Having financial skills in personal life helps in many things such as savings, bargaining, able to distinguish between what they need and what they want, etc</u>.

So, the correct answer is quality of life.

7 0
3 years ago
Zen Nxt, an innovative tablet and smartphone manufacturer, launches a new line of smartphones with advanced processors, high def
-Dominant- [34]

Answer:

a) Competitive price

Explanation:

a) Competitive price

Competitive price strategy is taken into consideration for setting prices for a product keeping in mind the competitors price for the similar products.

Competitive price have better sales and compete better with other similar products in the market. It gains a competitive edge in the market. It gains maximum customer recognized values.

6 0
3 years ago
A consumer must decide between purchasing a new cell phone or renting a new car. Why might determining the opportunity cost be u
Daniel [21]

When a consumer has to decide between buying a new smartphone or renting a new car, the determination of opportunity costs is difficult, as both the expenses have different utilities.

<h3>What is opportunity cost?</h3>

The cost, which is undergone in order to let go of an alternative divestment of such cost, is known as an opportunity cost. An opportunity costs may be backed by emotions and other external factors.

Hence, the significance of opportunity costs is given above.

Learn more about opportunity cost here:

brainly.com/question/13036997

#SPJ1

4 0
2 years ago
A software company conducted a study about stress in the workplace for it administrators. which questions result in data that is
Luba_88 [7]

The questions which would result in data that is categorical are:

  1. Is your job as an IT administrator stressful?
  2. What is your biggest source of stress?
  3. How has your job impacted your personal life?
  4. Have you ever considered switching careers because of on-the-job stress?

<h3>What is a numerical data?</h3>

A numerical data is also referred to as a quantitative data and it can be defined as a data set that is primarily expressed in numbers only. This ultimately implies that, a numerical data refers to a data set consisting of numbers rather than words.

<h3>What is a categorical data?</h3>

A categorical data can be defined as a type of statistical data that is used to group information that are having the same attributes or characteristics.

In Science, some examples of a categorical data include the following:

  • Age
  • Gender
  • Race
  • Religion
  • Class

In conclusion we can infer and logically deduce that the questions above would result in data that is categorical.

Read more on categorical data here: brainly.com/question/20038845

#SPJ1

7 0
2 years ago
A report showing an employee's age as a negative number is useless because it lacks ___
kozerog [31]

Answer:

A report showing an employee's age as a negative number is useless because it lacks Validity.

<h3>What is Validity?</h3>
  • Validity refers to how accurately a method measures what it is intended to measure.
  • If research has high validity, that means it produces results that correspond to real properties, characteristics, and variations in the physical or social world.

To learn more about validity, refer

to brainly.com/question/25689052

#SPJ4

4 0
2 years ago
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