Question

What is a niche? Choose one • 14 points

A specialized market
a small family-owned business
A large corporation
A pattern

Answer 1

The correct option is A.

Step-by-step explanation:

Niche is subset of the market where a particular product is focused and the niche states the features of the product which aimed satisfying the particular needs or the requirements of the market along with the price range, demographics and quality of the product which is targeted.

Therefore, the niche is a specialized market.