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A niche refers to a specific area or role within a larger ecosystem or market where a particular organism, product, or service operates best. In ecology, it describes how an organism interacts with its environment and other species, including its habitat, resources, and behaviors. In business, a niche market targets a distinct segment of consumers with specialized needs or preferences, allowing for tailored products or services. Essentially, a niche represents a unique position that meets specific demands or functions effectively within a broader context.

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2mo ago

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