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
miskamm [114]
3 years ago
7

Which of the following is an example of a company that serves a niche market?

Business
1 answer:
Natasha_Volkova [10]3 years ago
3 0

Answer:

C) a manufacturer who creates tools such as bolts, latches, door handles etc. for left-handed individuals

Explanation:

A niche market is a segment of a market that has a specific target group of consumers, usually due to a highly specific need or interest of those people. On the contrary, mainstream providers cater to the needs of the mass market, a customer base that is not specific and is largely diverse.

Therefore, large-scale manufacturers that have a large range of standardized products are <u>not</u> considered as niche.

In this example, the company producing miscellaneous things tailored for left-handed individuals is highly niche by nature.

You might be interested in
Accounts Receivable from sales to customers amounted to $80,000 and $70,000 at the beginning and end the year, respectively. Inc
Kipish [7]

Answer:

$332,000

Explanation:

<u>Cash flow from operating activities</u>

Net Income                                                                                  $252,000

Adjust for changes in working capital items :

Decrease in Accounts Receivable ($80,000 - $70,000            $80,000

Net Cash Provided by Operating Activities                              $332,000

Conclusion

the cash flows from operating activities to be reported on the statement of cash flows is $332,000

5 0
3 years ago
Steve has built an online shopping website and he would like to increase his website ranking in the search results. You are his
Kruka [31]
Answer: By linking his website to other popular websites.

Hope this helps you.
3 0
3 years ago
Under what conditions would you recommend using each of these funding methods to pay for information systems expenses: allocatio
Arada [10]

Answer:

The conditions under which each funding method for paying for IT system expenses would be recommended are:

Allocation method is preferred to other methods when actual usage cannot be captured but, some other cost drivers can be used as the allocation bases.

Chargeback method works better than others when actual usage by each unit can be accurately captured.

Explanation:

The Allocation Funding Method charges IT costs to individuals, departments, or business units based on revenues, number of employees, and other cost drivers and not based on usage. It is often used when actual usage cannot be recorded.

The chargeback method charges IT costs to individuals, departments, or business units based on their actual usage of the IT services.  With wide variation in IT usage, business units need to be charged their actual costs consumed.

The corporate budget method allocates IT cost based on a periodic predetermined rate. It is used where unit managers need to be given control over their budgets, enabling them to search for cost-saving technologies.

6 0
3 years ago
Janet works on a team of 15 people working in research and development for a toymaker. They have weekly meetings to discuss new
RideAnS [48]

Answer:

D. production blocking.

Explanation:

Janet is suffering from production blocking. This is an issue encountered in brainstorming sessions related to the fact that only one member must speak at a time which can prevent other members from sharing their ideas as they occur and make it difficult for them to concentrate in their own idea since they need to be paying close attention to whatever is being said.

7 0
4 years ago
A process of determining just how much value an​ organization's marketing activities create and their impact on the bottom line
3241004551 [841]

Answer:

B, corporate citizenship

Explanation:

Corporate citizenship also know as corporate social responsibility is defined as the contribution or impact or effect of a company's/organization's/firm's business has on its local community or the society as whole. This involves the company/firm investing in its community as a form of giving back to the community asides from the company's business interests.

Cheers.

6 0
3 years ago
Other questions:
  • Using the capital asset pricing model (CAPM), Sun State determined that the required rate of return for a capital budgeting proj
    14·1 answer
  • Moe's Restaurant recently advertised that it offered unlimited pasta and burritos for $15 on Friday nights. However, when custom
    14·1 answer
  • In what form of media relations is the point of initiation the organization rather than an external entity?
    12·1 answer
  • You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing level of output of your firm i
    12·1 answer
  • the nominal interest rate is 7 percent and the expected inflation rate is 4 percent. the real interest rate is
    10·1 answer
  • How does voluntary exchange promote economic progress? Explain three separate reasons.
    9·1 answer
  • Under a _____ exchange rate regime, a country will attach the value of its currency to that of a major currency.
    12·1 answer
  • By showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you
    15·1 answer
  • Journalize the following sales transactions for Straight Shot Archery using the periodic inventory system. E (Record debits firs
    15·1 answer
  • I am creating a website but I don't know what it should be about. Any ideas? the more the better&gt;
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!