Question

A niche or vertical market for technology products is one that is highly specialized, such as video rental stores or real estate offices.

Option 1: Niche markets are broad and not specialized.
Option 2: Niche markets are unrelated to technology products.
Option 3: Vertical markets are not highly specialized.
Option 4: Niche markets are highly specialized, like real estate offices.

Answer 1

A niche market for technology products refers to a highly specialized market, such as real estate offices.

Step-by-step explanation:

A niche or vertical market for technology products is one that is highly specialized, such as real estate offices. Option 4: Niche markets are highly specialized, like real estate offices, is the correct option. Niche markets are defined by their specialization in a specific product or service, catering to a specific target audience.