1.1.1 Flashcards

1
Q

Mass market characteristics

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2
Q

Niche market characteristics

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3
Q

Mass market examples

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4
Q

Niche market examples

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5
Q

Advantages and disadvantages of a mass market

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6
Q

Advantages and disadvantages of a niche market

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7
Q

Branding in a mass market

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8
Q

Profitability in a niche market

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9
Q

Market size and application

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10
Q

Market share and application

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11
Q

Dynamic markets

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12
Q

Online retailing

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13
Q

advantages and disadvantages of online retailing

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14
Q

Market growth

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15
Q

How competition effects the market

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16
Q

Risk

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17
Q

Types of common business risks

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18
Q

Uncertainty

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19
Q

Types of common business uncertainty

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20
Q

How a business can protect itself from risk and uncertainty

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