Final answer:
Choose between niche, global, local, or hybrid, the category into which Buhi considers itself depends on its market reach and strategy, such as focusing on a specific market segment, operating worldwide, serving a local community, or combining various elements. C) Local is the correct option.
Step-by-step explanation:
When a company considers itself to be a niche, global, local, or hybrid brand, it is referring to its market strategy and reach. For instance, a niche brand targets a specific part of the market with specialized products or services. A global company operates in worldwide markets, reaching a vast array of consumers.
A local company focuses significantly on serving the community within a specific geographic area. Lastly, a hybrid company might combine aspects of any of the aforementioned types, possibly operating both locally and in wider markets, or offering both specialized and broad-range products.
To determine which category the student's company, Buhi, believes it falls into, we would need additional context about its business operations and strategy.C) Local is the correct option.