1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zavuch27 [327]
2 years ago
6

A company employing a _______ strategy would create a new product targeted to its current customers.

Business
1 answer:
OLEGan [10]2 years ago
6 0

A company employing a product development strategy would create a new product targeted to its current customers.

What is New Product Development ?

You can get the people in your division to come up with ideas for new products by following the given things mainly which revolves around reinforcing the novel ideas:

  • As employees have direct contact with the customers so they have the better ideas about the customers needs and wants.
  • Employees are well aware of the changing trends so they should be encourage to come up with the new and novel ideas for the new products.
  • Ideas can come from any where, from any level of the organization so each and every single employee should be motivated to participate in idea generation activities.

The importance of doing customer research is to have a drive for new product development. A research can be effective in pointing out consumer trends and fads, as well as opening a direct customer communication channel that feels prestigious for having its requests valued by a company. Through concrete data of potential customers and new customers, an organization has the ability to meet the actual demand of potential customers and make possible adjustments to the production process.

Learn more about New Product Development on:

brainly.com/question/15080666

#SPJ4

You might be interested in
Using his skateboard, Edgar can travel 8 miles in 2 hours while his brother, Johnathon, can
Dovator [93]

Answer:

Edgar

Explanation:

When you find out how fast each person goes in one hour, Edgar goes farther the fastest.

5 0
3 years ago
Explain the use of NBT​
Natalija [7]
The National Benchmark Tests (NBTs) are assessments for first-year applicants into higher education institutions. The NBTs were designed to measure a writer's ability to transfer understanding of Academic Literacy, Quantitative Literacy and Mathematics to the demands of tertiary coursework
3 0
2 years ago
Read 2 more answers
Borasco Corp. owns land with a fair market value of $200,000. Borasco purchased the land 10 years ago for $65,000 and owes a lia
sleet_krkn [62]

Answer:

$65,000

Explanation:

Borasco was the person who purchased the land for $65,000 in which the land was later transferred to Alvo. Therefore no gain or loss is been recognized in this liquidation because it subsidiary is been liquidated by the parent which is why the basis of land is said to be carryover basis of $65,000 at the end of the transaction.

5 0
3 years ago
Which of the following is included in a standard MLA-style bibliographic entry for an interview conducted by a researcher?
Oksana_A [137]
All of the answers are correct, for the bibliographic entry you need their name, date, and the type of interview conducted. 
5 0
3 years ago
Read 2 more answers
In your company's management development program, there was a heated discussion between
GREYUIT [131]

Answer:

The most sensible position is to understand that theory, while not practical in itself, can be immensely helpful when dealing with pratical matters.

This is because theory gives you a sound conceptual foundation that can be used to analyze the practical context, and approach it with the best possible practical solutions.

Without theory, managers have to rely too much on intuition, which can often fail.

3 0
3 years ago
Other questions:
  • Power Plate Inc., a consumer electronics manufacturer, introduced a new solar cooker in the market. The team responsible for the
    5·1 answer
  • Last​ year, the price of steak was ​$4 per pound and the price of salmon was ​$5 per pound.       This​ year, the price of steak
    9·1 answer
  • Chillmax Company had planned to sell 3,500 pairs of shoes at $60 each in the coming year. Unit variable cost is $21 (includes di
    5·1 answer
  • If there is a fall in the interest rate, ______.
    11·2 answers
  • Consider the three theories of the upward slope of the short-run aggregate-supply curve. According to the sticky-wage theory, th
    5·1 answer
  • The Federal Deposit Insurance Corporation (FDIC) insure account holder’s accounts for up to ___.
    15·1 answer
  • Hubert: Demand decreased, but it was perfectly inelastic. Kate: Demand decreased, but supply was perfectly inelastic. Manuel: De
    13·1 answer
  • Market positioning
    11·1 answer
  • The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December 31:
    15·1 answer
  • An individual wishes to deposit an amount of money now and $100 every year so that at the end of 10 years $1,500 will have been
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!