Consider the needs of the market. Often businesses and individuals decide to specialize in a product or service. Conduct brief research on the Internet to identify specialization and an example of specialization in the market. List the example below, and in one or two sentences explain what specialization is and how your example represents it. Your final sentence should explain how both the seller and buyer gain from this specialization. Upload your findings below.

The business model I would use is a car wash business. The normal traditional car wash business has a people get their car washed along the road by anyone just to look clean, but the model I'll present is that which is different where cars are given detailed washing from customer service to quality services; the water used is treated, the finest of soap is applied all at an affordable price. If we examine this from the traditional car wash we'd realize it's different and this is far better.

These address the needs of the market and creates a place for the service provider in same market

pybrothepyro4 pybrothepyro4 · Answer 2 · 2022-05-25T02:42:02+02:00

Answer:

I'll use a business model to demonstrate this specialization.

A vehicle wash would be the business model I would utilize. People get their cars washed along the road by anyone just to look clean in the traditional car wash business, but the model I'll present is one that is different, where cars are given detailed washing from customer service to quality services; the water used is treated, and the finest soap is applied, all at an affordable price. If we compare this to a typical car wash, we can see how different it is and how much better it is.

These meet market needs and give a location for service providers in the same market.

Explanation:

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