Drafi Arts Corp.makes and sells original handicraft products.The management of the company has been successfully using a niche strategy for years.In this case,which of the following is the most likely to be true of Drafi Arts Corp.?
A) It serves only a limited geographic market.
B) It offers products at a lower price than that of the competition.
C) It develops products that are similar to those of its competitors.
D) It lowers costs by removing frills and options from its products.
Correct Answer:
Verified
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