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
MAVERICK [17]
3 years ago
5

What is a niche market?

Business
2 answers:
Naddika [18.5K]3 years ago
7 0
When a market focuses on one thing
valina [46]3 years ago
5 0

A niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.

You might be interested in
Morganti corporation sells a product for $170 per unit. the product's current sales are 41,800 units and its break-even sales ar
ololo11 [35]
To find the margin of safety in dollars, subtract the breakeven sales from the budged or actual sales. 

Current sales are 41,800 units 
Break even point in units is 33,900
Cost per unit is $170

(33,900)($170) = $5,763,000
(41,800)($170) = $7,106,000

The margin of safety in dollars is:
$7,106,000 - $5,763,000 = $1,343,000
3 0
2 years ago
3.1. Explain which of the following approaches to strategy formulation is more likely to generate economic profits: (a) evaluati
Radda [10]

Answer:

Option B.

Explanation:

Employing internal based resources gives a better competitive edge to an organisation as those resources are already in place. This eliminates extra cost of getting new funding or resources as in option A.

5 0
3 years ago
Recruiting __________ is sometimes viewed as unethical.
zhuklara [117]

Answer:

b

Explanation:

4 0
2 years ago
__________data, or the facts and figures that have already been collected about the Coffee Collective prior to the research at h
creativ13 [48]

Answer:

The correct answer is c) secondary

Explanation:

The term Secondary data refers to the information that has been collected by someone different than the user. For example, the information collected by government departments sometimes appears on the internet, if any user takes this information from the internet and uses it on any homework, project, business, etc... It is considered such as secondary data.

5 0
3 years ago
Stockholders, employees and environmentalists are examples of stakeholders whose interests
Gelneren [198K]

Stockholders, employees and environmentalists are examples of stakeholders whose interests and needs often conflict.

<h3>Who is a stakeholder?</h3>

A stakeholder can be defined as an independent individual, organization or social group that has an interest in a particular business organization (company), and as such they can either affect or be affected by the decisions taken in the business.

This ultimately implies that, stockholders, employees, investors, and environmentalists are examples of stakeholders whose interests and needs often conflict.

Read more on stakeholders here: brainly.com/question/15532995

#SPJ1

7 0
2 years ago
Other questions:
  • A machine cost $1,238,000 on April 1, 2020. Its estimated salvage value is $139,200 and its expected life is 4 years. Calculate
    14·1 answer
  • Which of the following is an example of competing on quick response?A) A firm produces its product with less raw material waste
    11·1 answer
  • Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa
    14·1 answer
  • (Last Word) From 2006-2010, the federal government paid $600 million in retirement benefits to deceased federal employees, with
    8·1 answer
  • In the month of March the Digby Corporation received and delivered orders of 189,000 units at a price of $15.00 for revenue of $
    15·1 answer
  • The first skate board in the history of he world by betsy byars what is the moral of story.what is the conflict of the story.how
    13·1 answer
  • The main purpose of most tariffs and quotas is to
    7·1 answer
  • Type the correct answer in the box Spell all words correctly
    12·2 answers
  • PLEASE HELP!<br> Question: Give an example of a patent in business.
    10·2 answers
  • The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment incl
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!