Loren LLC. is a small bicycle store that competes effectively with much larger companies since it focuses exclusively on selling bicycles for senior citizens and orthopedic patients. The company has been successful since it has:
A) exploited a small but profitable market niche.
B) worked to undercut larger competitors' prices.
C) attracted the best talent in the bicycle market.
D) designed a patent for these bicycles.
Correct Answer:
Verified
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