Answer:
Diversification Strategy
Explanation:
According to my research on different types of market strategies, I can say that based on the information provided within the question the strategy being defined is called a Diversification Strategy. Like mentioned in the question this strategy focuses on implementing a current or completely new product into a brand new market that the company has not previously marketed in.
For example, a Phone company like Samsung finds out that no other company is selling phones in Ecuador and there is a large demand for phones. Since Samsung sells phones they decide to open a store in Ecuador. Therefore, Samsung is Diversifying into Ecuador's Markets.
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Attaining the concepts of things
Answer:
Narrative Research
Explanation:
Narrative research is a type of research design that subsumes a group of approaches that in turn rely on the written or spoken words or visual representation of individuals. These approaches typically focus on the lives of individuals as told through their own stories.
Researchers write narratives about experiences of individuals, describe a life experience, and discuss the meaning of the experience with the individual. Usually, anarrative research design is focused on studying an individual person.
Answer:
His purchase of a new apartment would most likely be done through extended decision making, while his purchase of upcoming job things would be made through limited decision-making behavior.
Explanation: Extended decision making involves purchases of very important things, in which you have to analyze carefully the options and usually be ready to make a considerable investment in the object you're looking into. Limited decision making is not as complex and as important as the extended decision, so it's not needed to analyze multiple options in order to decide what the purchase is going to be. Having this in mind, it's easier to see that the apartment relates to extended decision making, since buying a new place is something very important to someone, while purchasing some things for an upcoming job might not be that complicated to decide.
