Product development and market development are two strategies that are part of _____ analysis.

1 answer:

7 0

Product development and market place development are two strategies that are part of a diversification evaluation.

A product is an item supplied for sale. A product can be a service or an item. it is able to be physical or in digital or cyber shape. every product is made at a cost and each is offered at a fee. The fee that may be charged depends available on the market, the first-rate, the advertising, and the segment that is focused on.

A product is any item or provider you promote to serve a purchaser's need or need. They can be physical or virtual. bodily products encompass durable goods (along with automobiles, fixtures, and computer systems) and nondurable goods (along with food and beverages).In marketing, a product is an item, or machine, or provider made to be had for purchaser use as of the customer demand; it's far something that can be offered to a marketplace to fulfill the desire or want of a patron.

Product is the centre of all advertising and marketing sports, without a product, advertising can't even be imaged. proper merchandise is the key to market fulfillment. Product selections are taken first by means of the marketers and these selections are the center of all different advertising selections, together with price, advertising, distribution, and so forth.

Learn more about Product here:

brainly.com/question/25922327

#SPJ4

You might be interested in

Splish Brothers Inc. reported a net loss of $14400 for the year ended December 31, 2022. During the year, accounts receivable de

svetlana [45]

The answer is C
Provided net cash 24 k

4 0

3 years ago

The total sales of a product, by all competitors in the industry, is:____.a. highest in the introduction stage.b. lowest in the

irina1246 [14]

Answer:

The total sales of a product, by all competitors in the industry, is:____

e. lowest in the market introduction stage.

Explanation:

The product life cycle refers to the time period when a product is first introduced to a market until it exits the market. There are four main stages in a product life cycle. They include introduction, growth, maturity, and decline. It is during the introduction phase that the total sales are lowest. The low sales are witnessed again during the latter stage of decline. The highest sales are achieved during the maturity stage.

3 0

3 years ago

Red Carpet Inc. is a small apparel store started by an aspiring designer. The store needs to compete against larger, well-establ

KatRina [158]

Answer:

The answer is: Red Carpet should try to focus on niche market segments.

Explanation:

A niche market is part of a greater market, but its focus is set on very specific products. The niche market has very specific market needs that need to be targeted by very specific products.

Usually niche markets are targeted by high priced products since normal broad range products or services will not satisfy their specific needs. For example, vegan restaurants are more expensive than McDonald's or Pizza Hut.

Since niche markets are small, usually big multinational corporations don't pay attention to them.

5 0

3 years ago

According to the principles of scientific management, the best way to improve productivity is to Multiple Choice give employees

Korolek [52]

The best way to improve productivity would be to find the best method of doing each job, then teach those methods to employees.

<h3>What is productivity?</h3>

In the business environment, the notion of productivity has to do with the ability of employees to carry out tasks in the work environment in a more efficient, faster and better way.

To increase productivity, it is important that the workers are taught the best way to carry out their jobs.

Read more on productivity here:brainly.com/question/2992817

5 0

2 years ago

The form of a business organization that is not affected by the withdrawal or death of an owner and can continue forever is

Marina86 [1]

<span>This is a corporation. Corporations usually consist of boards of directors and other groups of people, and can continue to exist even after the founders of the business cease to exist or otherwise leave their founding role.</span>

8 0

4 years ago