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Niche' usually refers to a specialist in a business sense. In an environment where ones organisation is a sole provider of a service and that service is also a specialist, there will be little competition for business - This gives the company greater advantage over other small business that has just recently been developed.

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Why did the company not take advantage of it?

The company may not have taken advantage of the opportunity due to a lack of resources, such as insufficient funding or manpower. Additionally, there might have been internal disagreements about the strategic direction or risk aversion among decision-makers. It’s also possible that the timing was not aligned with the company's current priorities or market conditions, leading to missed opportunities.


Why might a company move its production factory from Texas to Mexico?

To take advantage of lower labor costs


Is market capitalization the same as market value?

They are indeed the same since they refer to the same thing; the "value" quoted as the price of the stock, and the total market value of the issued and outstanding shares. If you has asked for capitalization, instead of "market capitalization" there might have been room for a difference, since a company could be initially capitalized at 100 million, but see the market value reflected as less depending on market activity.


What might happen if no one buys shares in a new company, leading to a lack of investment and capital for its growth and development?

If no one buys shares in a new company, it may struggle to raise the necessary funds for growth and development. This lack of investment could hinder the company's ability to expand, innovate, and compete in the market, potentially leading to financial difficulties or even failure.


Why might a government intervene in the market economy?

Essentially, due to market failure of some type: the market does not efficiently allocate some desirable commodity and the government attempts to correct this misallocation.

Related Questions

Explain why a niche company might have an advantage in a market Would price necessarily be an advantage Explain why or why not?

Explain why a niche company might have an advantage in a market would price necessarily be an advantage explain why or why not


What is competitive advantaged?

Competitive advantage is a term given to any factors that helps a business succeed over its rivals. If a business has a better location than another rival business, that would be a competitive advantage. Another example of competitive advantage might be the company's products versus a rival's products or a company's total market share.


Discuss two main factors that might influence the market price of a public listed company share?

market force and company's 'value'.


Which are the major differences between a primary and a secondary market?

A primary market will be the intended target market to which a company originally might have produced it's products or services for and the larger source of revenues. The secondary market will be a market that is marketable but not the first priority of sustainability for the company.


What are the pros and cons of mergers?

Benefits of Synergies Getting Assets at competitive rates More market share R&D of other taken over company/merged Company Removal of a competitor from the competition....


How might a small company gain a competitive edge?

By having a USP (Unique Selling Point), this gives a small company something that no other company has, giving it the edge on other company's in the market.


Why might a company move its production factory from Texas to Mexico?

To take advantage of lower labor costs


Highlight some environmental advantages that a company in Ireland might have compared to a company in China?

A company is Ireland has the advantage of operating in a country that has less pollution than China. Also, Ireland has less corruption than China.


Is it wise to go for an Equity Investment in the current market situation?

If you think there's an undervalued company in the market, then it might be. Check with a financial advisor before doing anything risky, though.


What is your advantage to other applicant?

Many people might consider their charm an advantage over other applicants. Others might consider their organizational skills to be an advantage.


Advantages and disadvantages of parastatals?

A parastatal is an agency or company that is partially or wholly controlled by the government. An advantage is that the company has the entire resources of the nation backing it, so one bad decision that might bankrupt and collapse a private company will not do so with a parastatal.


What might explain why a company is large or small?

Its Market capitalization, gross profit, gross revenue, number of employees, number of clients etc