Which type of market coverage choice is best suited for companies with limited resources? Why?

What will be an ideal response?

Niche marketing allows companies with fewer resources to gain a strong position within their segment through a better understanding of customers. The financial resources required for niche marketing are not as substantial as those required for undifferentiated or differentiated marketing.

Business

You might also like to view...

Blogs should be used to replace word-of-mouth marketing

Indicate whether the statement is true or false

Business

Making a morally wrong decision is not the same thing as an ethical lapse

Indicate whether the statement is true or false.

Business