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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:

True

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Hence where a company sees that the skills and competence required may not be adequately available in  the local market, the company has the option of hiring employees from outside the country.

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What type of company is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees
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<h3>What is Code of Ethics?</h3>

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6 0
2 years ago
When should police and fire personnel be introduced to emergency management training?
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Answer and explanation:

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Answer:

The payoff from holding the position between June and August is $2,100 "loss"

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