In business, the only method of responding to a threat from a competitor is to reach out to a wider market.

Answer the following statement true (T) or false (F)


False

While seeking out a wider market might be an effective way to counter a threat from a competitor, one might also focus on a smaller, niche market. A niche market will have fewer customers, but this can be made up for by capturing a large part of that niche through catering to what the niche wants.

Philosophy & Belief

You might also like to view...

In the definition "'Hammer' means a tool used for driving nails" the definiens is:

A) Hammer. B) Tool. C) A tool used for driving nails. D) Nails. E) Used for driving nails.

Philosophy & Belief

"Many people who go to colleges and universities get a good education. Young people often go to colleges and universities. Therefore, young people get a good education" is

A) valid B) invalid

Philosophy & Belief

INSTRUCTIONS: In each problem below you are given a statement, its truth value in parentheses, and a new statement. You must determine how the new statement is related to the given statement and determine the truth value of the new statement. Adopt the Aristotelian standpoint and assume that 'A' and 'B' denote things that actually exist. Some non-A are B. (T) Some non-A are not non-B

A) Subcontrary. (F) B) Contraposition. (Und.) C) Contradictory. (F) D) Subcontrary. (Und.) E) Obversion. (T)

Philosophy & Belief

Is sex between consenting adults a purely personal matter, or does it have an important

social dimension as well?

What will be an ideal response?

Philosophy & Belief