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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.

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Answer:

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Explanation:

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This condition<em> can't be found</em> in the scenario above.

The denial that done by PepsiCo is justifiable because in a really competitive market, a company need to impose a strict requirement on which entities they should form a dealership relation with. If PepsiCo choose the wrong dealers, Its competitors could easily taken over the market and resulted in a huge amount of loss for the company.

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3 years ago
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I am Lyosha [343]

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8 0
3 years ago
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