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Increasing segmentation of the marketplace and the need to get products to market faster in light of competitors' specialized solutions are examples of ______ currently influencing the future of business.Multiple choice question.microtrendsdiscontinuous trendssupertrendsniche trends

Question

Increasing segmentation of the marketplace and the need to get products to market faster in light of competitors' specialized solutions are examples of ______ currently influencing the future of business.Multiple choice question.microtrendsdiscontinuous trendssupertrendsniche trends

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Solution

The correct answer is "niche trends". These trends refer to the increasing segmentation of the marketplace and the need to get products to market faster in light of competitors' specialized solutions. Niche trends are specific, targeted trends that cater to a particular segment of the market. They are often driven by changes in consumer behavior and preferences, and can have a significant impact on the future of business.

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