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dybincka [34]
3 years ago
15

More than 90 percent of cereal is consumed at breakfast, but ads for Kellogg's Cracklin' Oat Bran says it tastes like oatmeal co

okies and makes "a great snack anytime". Kellogg's is implementing a strategy of ____ with this product.
A. Market penetration
B. Market development
C. Product development
D. Product diversification
Business
1 answer:
Paladinen [302]3 years ago
4 0

Answer:

B. Market Development

Explanation:

Market development is a growth strategy that <em><u>identifies and develops new market segments for a product</u></em>.

In this question, yes the cereal is mostly consumed at breakfast, but the Kellogg's Oat Bran is developing the market by portraying the Oat Bran as a snack rather the breakfast.

Targeting and developing the new customers to be the consumer of the product is at the heart of the strategy.

In a way, it's about literally developing the market for your product is not currently your consumer yet.

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Answer:

trade deficit

Explanation:

From the question, we are informed about Snowland and Pledza are neighboring countries. Pledza imports more products than it exports. Over the last decade, Pledza imports from Snowland have been rapidly increasing but not fast enough to offset the exports to Snowland. In this case we can say about Pledza has a trade deficit. trade deficit also known as "negative balance of trade" can be described as a method to measure international trade. It can be regarded as the amount by which cost spent on the imports in a country exceeds the cost of exports. We can calculate trade deficit by finding the difference in value of exports of country and its imports.

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Answer:

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a

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