Explain the differences among the following markets: niche market, segmented market, diversified market, and multisided market.
What will be an ideal response?
A niche market is a small market segment comprising customers with specific needs and requirements. The CVP is tailored to meet these particular needs. A segmented market involves breaking customer segments into groups according to their different needs and problems. A diversified market offers a variety of services to serve two or more customer segments with different needs and problems, which bear no relationship to each other. Multisided markets describe two or more customer segments that are linked but are independent of each other.
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The ________ asserts that neither a business nor the individuals who work for it are exempt from the ordinary ethical responsibilities that everyone has to cause no harm, to prevent harm, and to sometimes do good.
A. stakeholder model of corporate social responsibility (CSR) B. integrative model of corporate social responsibility (CSR) C. economic model of corporate social responsibility (CSR) D. philanthropic model of corporate social responsibility (CSR)
An organization's return on assets (ROA) is an example of a lead indicator
Indicate whether the statement is true or false
Who is best suited for collecting information for job analysis?
What will be an ideal response?
Which of the following is NOT an activity of physical supply/distribution?
A) warehousing B) transportation C) packaging D) material handling E) factory inventory