In which type of strategy does a business target one or more narrow market segments?
A) niche
B) product penetration
C) differentiation
D) market penetration

Name: In which type of strategy does a business target one or more narrow market segments? A) niche B) product penetration C) differentiation D) market penetration
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A niche strategy involves targeting one or more narrow market segments, focusing on a specific group of customers with specialized needs.

In Which Type of Strategy Does a Business Target One