Multiple Choice
Mauve starts a business that specializes in procuring and selling antique items. Her business caters specifically to individuals who have high-income jobs and who like collecting unique artifacts. Mauve does not have much competition and can decide the prices of her products without any external influence. The opportunity of _____ is highlighted in the given scenario.
A) providing personal customer service
B) exploiting market niches
C) using technology
D) having lower overhead costs
Correct Answer:

Verified
Correct Answer:
Verified
Q60: Small firms tend to be effective innovators
Q61: Xavi develops a cell phone battery that
Q62: Which of the following categories of people
Q63: Melissa runs a small restaurant that specializes
Q64: Small businesses generate 50% of total employment
Q66: Technological tools such as the Internet and
Q67: Which of the following is a powerful
Q68: Charles owns a restaurant that is thematically
Q69: Brian had started a new business venture
Q70: Raoul is an illiterate who does not