According to Michael Porter, a Firm Practicing a Niche Strategy

Multiple Choice

According to Michael Porter, a firm practicing a niche strategy:

A) Has relative market share and emphasizes efficient-scale facilities
B) Dominates a particular target market although its overall market share may be low
C) Chooses high-growth markets while holding onto substantial mature markets
D) Attempts to pioneer in product/market development
E) Insulates itself from competitive rivalry by creating brand loyalty and the resulting lower sensitivity to price