Quiz: Mass Markets vs Niche Markets
Edexcel Level 3 Advanced GCE in Business (9BS0)
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Welcome to this quiz on mass markets vs niche markets. Test your knowledge with 10 questions and learn more about these important concepts!
What is a **mass market**?
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Which of the following are characteristics of **niche markets**? (Select all that apply)
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Mass markets typically have {{blank0}} competition and focus on {{blank1}} appeal.
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Match the items on the left with their correct pairs on the right
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Which of the following is an example of a **mass market product**?
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If a niche market business has 5,000 customers and its total market size is 50,000, what is its market share percentage?
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What is a key benefit of targeting a **niche market**?
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Match the items on the left with their correct pairs on the right
Which of these industries are typically **mass markets**? (Select all that apply)
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Why might a business choose to operate in a **mass market**?
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