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
PtichkaEL [24]
3 years ago
6

Which of the following strategies are utilized to introduce existing products to new​ markets? A. Diversification B. Merger C. M

arket development D. Product development E. Market penetration
Business
1 answer:
vovikov84 [41]3 years ago
3 0

Answer: Market development.

Explanation:

Market development is the process of rebranding a product to make an already existing product more marketable to consumers(both those already consuming the products and those yet to consume them). This market development involves using various creative means to make an already existing product more attractive to consumers.

You might be interested in
In a large city, two taxi companies own all the licenses that the city will grant to operate taxis. consumers don't care which c
liberstina [14]

Answer:

this situation can be classified as an duopoly

Explanation:

An duopoly is similar to a monopoly but instead of only supplier there are two suppliers that share total market power and control. Both companies also offer basically the same product or service. Competition exists between the companies but it is not significant, both companies decide to coexist. Customers are forced to choose between one company or the other.

In this case, there are only two taxi companies and the customers really don't care what company they use since they both offer similar services. None of the companies even bothers to offer a better service to try to gain a larger market share.

7 0
4 years ago
Rapp and Wunderman are subsidiaries of large agency holding companies that provide services for companies that want to communica
Contact [7]

Answer:

The correct answer is letter "A": direct-marketing.

Explanation:

Direct-marketing is a type of advertising that implies transmitting information about a product, service or entity directly to customers. Most of the time the promotional information is prompted without intermediaries but some times marketing agencies are hired for that specific purpose.

3 0
3 years ago
Which stage of the new product development process directly follows idea generation?
uysha [10]

Answer:

screening and evaluation

Explanation:

Screening and evaluation is the third step in a new product development process, and it should work like a funnel. All the ideas generated during the previous stage must be analyzed and only workable ideas should continue the process.

At this stage it is critical to reject poor new product ideas, and continue with viable new product ideas.

7 0
3 years ago
What is the name given to the difference between the minimum and maximum values for a data set?
Setler [38]
The difference is called the range
4 0
3 years ago
One of the important decisions made during an interview by an interviewer is: select one:
frozen [14]
To create shared experience between helper and helpee
8 0
3 years ago
Other questions:
  • The expected variable cost per unit for a proposed project is $8.48 and the expected fixed cost is $27,400. The cost estimates h
    11·1 answer
  • The National Conference of Commissioners on Uniform State Laws (NCCUSL) was formed by the for the purpose of establishing unifor
    8·1 answer
  • Which leader behavior is most appropriate for a group of employees who are working together for the first time and are eager to
    11·1 answer
  • Marketing is non-paid promotional communication presented by the media True False
    9·1 answer
  • Assume that Simple Co. had credit sales of $258,000 and cost of goods sold of $158,000 for the period. Simple uses the aging met
    12·1 answer
  • Describe a real or made up but realistic example of a time when you might apply for a loan.
    11·1 answer
  • Hardwoods, a timber supplying company, contracted with a furniture manufacturer, Taylor Furniture. Hardwoods owned a large plot
    12·1 answer
  • Explain 3 factors that change supply elasticity.
    12·1 answer
  • In year 1, Crest Company purchased equipment for $75,000. Crest uses straight-line depreciation over a 5-year useful life with n
    12·1 answer
  • As a veterinarian technician, Alma offers to perform blood tests to hone her diagnostic skills, volunteers to organize the free
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!