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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Answer:
Explanation:
the answer is to the northern states or to Canada
First of all, that is upside-down. You need to fix that
Answer:
necessity entrepreneur
Explanation:
Necessity entrepreneur: The term "necessity entrepreneur" is described as an individual who belongs to a developing country and willingly starts "small enterprises" because of necessity. However, a necessity entrepreneur can range from "street sellers" to "educated hopefuls" in the presence of a little access associated with formal employment, and there's one thing that is responsible for uniting all these entrepreneurs is the requirement to survive.
In the question above, the given statement represents that Michael might well become a necessity entrepreneur.
I would say A because in such public outlets the same topics are mentioned but I'm not completely sure about related