Serving a small market not served by competitors is known as ______________

Related MCQs

• When a firm sets a very low price for one or more of its products with the intention'of driving its competitors out of business.
• In a small market ______________ is better
• Executives often complain that pricing is a big headach Common mistakes include: price is not revised often enough to capitalize on market changes; price is set ______________ of the rest of the marketing mix rather than an intrinsic element of a market-positioning strategy.
• Sub-dividing of market into homogeneous sub-sections of customers is known as
• Which of the following is known as market aggregation?
• Goods are sold in small packets in ______________ markets.
• If demand hardly changes with a small change in price, we say that the demand is ______________.
• Permanent rural market with continuous trading activity is called ______________
• Market where shares, debentures, bonds etc of companies are bought and sold.
• The process of assessing the relative worth of different market segments and selecting one or more segments in which to compete is called