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umka2103 [35]
3 years ago
6

A growth strategy that offers a new product or service to a firm's current target market.

Social Studies
1 answer:
Anvisha [2.4K]3 years ago
3 0

Answer:

Product Development Strategy

Explanation:

According to my research on different types of growth strategies, I can say that based on the information provided within the question the strategy being defined is called a Product Development Strategy. Like mentioned in the question this strategy focuses on creating and offering a brand new product and/or adjusting old products so that they classify as new, to the market that the company is already doing business in.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Anika [276]

The correct answer is B. To understand what people want.

Explanation

A market study is a tool to collect information about the public's preference for a product. In addition, with this tool, you can analyze where you are concerning your competitors. Generally, this tool is intended to improve your business strategies thereby increasing your competitiveness. Therefore, a market study is a great option for the XYZ company, because it can replace its products that do not sell very well with others that are demanded by the public. So the correct answer is B. To understand what people want.

6 0
3 years ago
____________is the strongest outcome of influence, whereby people identify with the influencer's request and are highly motivate
ValentinkaMS [17]

Answer:

Commitment

Explanation:

3 0
3 years ago
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After one chimpanzee sees a second chimp open a box that contains a food reward, the first animal opens a similar box with great
asambeis [7]

Answer:observational learning

Explanation:Observational learning is a learning that occurs when we observe others and imitate their behavior , it's a learning that occurs through our socialization process . Observational learning is affected by whether the behavior that one wants to imitate was rewarded or was punished , if it was punished an individual organism will not imitate the behavior, but they are likely to imitate the behavior that was rewarded .

8 0
3 years ago
Why does the light bulb in a circuit turn on when you close the switch
Margaret [11]
Closing it, makes it complete! this makes it closed.
3 0
3 years ago
Which is not a core ideal of u.s. overarching culture?
matrenka [14]

The Correct option is <u>c. respect for the wisdom of the elderly</u> is not a core ideal of u.s. overarching culture.

Culture can be defined as all the ways of life including arts, beliefs and institutions of a population that are passed down from generation to generation.

Culture is the lifeblood of a vibrant society, expressed in the many ways we tell our stories, celebrate, remember the past, entertain ourselves, and imagine the future.

Culture has been called "the way of life for an entire society." As such, it includes codes of manners, dress, language, religion, rituals, and art. The major elements of culture are symbols, language, norms, values, and artifacts.

learn more about Culture here

brainly.com/question/25010777

#SPJ4

4 0
2 years ago
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