Gift Prescriptions is a company that offers small gifts that can be left behind in doctors’ offices. Gift Prescriptions sells their gifts to pharmaceutical companies, therapists, and medical supply stores who want to leave doctors a small gift in appreciation for their time. Gift Prescriptions’ market segment would be described as a ______.
a. mass market
b. niche market
c. segmented market
d. diversified market
b. niche market
You might also like to view...
Explain the differences between an argument by example using inductive reasoning and an argument by definition using deductive reasoning.
What will be an ideal response?
Are public employers legally obligated to provide health insurance to employees?
What will be an ideal response?
In 2008, Morena Manufacturing issued $180,000 of 20-year bonds at face value. Ten years later, in 2018, the company retired the bonds early by purchasing them in the open market at $181,800. The entry to record this transaction includes a:
A. credit to Cash of $180,000. B. credit to Gain on Bond Retirement of $1,800. C. debit to Loss on Bond Retirement of $1,800. D. debit to Bonds Payable of $181,800.
The number of defects that occur per unit of product follows a Poisson distribution with a mean of 4 defects per unit. What is the standard deviation of this distribution?
What will be an ideal response?