Who is a market-nicher?

What will be an ideal response?


An alternative to being a follower in a large market is to be a leader in a small market or niche. Smaller firms normally avoid competing with larger firms by targeting small markets of little or no interest to the larger firms. But even large, profitable firms may choose to use niching strategies for some of their business units or companies.

Business

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Gravel Manufacturing had supplies on hand costing $480 on December 31. During the same year, supplies costing $320 were purchased, and $640 in supplies were consumed during the year. What was the cost of supplies on hand on January 1 of that year?

Business

James is a team leader at Infonet Corp, a multinational IT company. He had four years of experience as a software analyst before joining Infonet. He progressed from a senior software analyst to a team leader in his 11 years at Infonet. James, however is not satisfied with his pay at Infonet Corp and decides to apply for the position of project manager at Alpha Corp Which of the following types of

résumé would be most effective for James's profile?? A) ?A chronological résumé B) ?A functional résumé C) ?A text résumé D) ?An inline résumé

Business

To file for trademark protection only intent to use is necessary. 

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

Business

The Revised Model Business Corporation Act is a federal statute that regulates the formation

and operation of corporations in the United States. Indicate whether the statement is true or false

Business