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natka813 [3]
3 years ago
14

The CEO of the Wholesome Food retail grocery chain, which specializes in organic and natural produce and meat, has stated, "The

key to success is to find your niche and focus on it, regardless of what anyone else does." The CEO
believes he has placed his firm in a slow-cycle industry where concerns about protecting unique competencies dominate concerns about market share.
Business
1 answer:
givi [52]3 years ago
3 0

Answer:

TRUE

Explanation:

The CEO 's belief that he has placed his firm in a slow-cycle industry where <u>concerns about protecting unique competencies dominate concerns about market share,</u> is true

Basically, the CEO operates in a niche market as is reported in the scenario

<u>Niche marketing refers to competing within a narrowly defined market segment with a specialized offering.</u>

Most small businesses are generally not niche marketers; they simply have a very small share of a large segment <u>whereas niche marketers have a large market share in a small/tight segment. </u>

Having therefore established his Niche business in a small segment where he has a large market share (otherwise it would not be a niche business), <u>the concerns will be about protecting unique competencies rather than market share</u>

<u />

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Answer:

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Explanation:

A general complain by investors is that many times they suffer from double taxation.

If a corporation pays out dividends, it means that it has already paid its corporate income tax. Dividend payments are based on net profit (after taxes are paid).

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The S<u>mall Business Administration</u><u> </u> helps economically weaker sections of the society to apply for loans to set up small businesses and facilitate their development

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