A real estate company provides housing services to retired individuals.It basically helps individuals above the age of sixty to search for houses with peaceful surroundings.Which of the following statements holds true for the real estate company?
A) It depends on its ability to reduce the price to drive competition out of the market.
B) It does not face damaging attacks from larger firms.
C) It growth is never stymied irrespective of the fact that it serves a niche market.
D) Its area of operation cannot be made to disappear or be taken over by larger competitors.
E) It can charge very high prices.
Correct Answer:
Verified
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