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Ket [755]
2 years ago
9

a growth strategy whereby a firm introduces a new product or service to a market segment that it does not currently serve.

Social Studies
1 answer:
Gelneren [198K]2 years ago
8 0

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.

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

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What kind economic system did Russia have where government owned<br> all means of production?
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Answer:

Centrally Planned Economy

Explanation:

Communist countries, particularly Russia and China, decided on a centrally planned economy. The centrally planned economy had the following major attributes: The government owns all means of production, which is managed by employees of the state.

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2 years ago
How did the Sugar Act and Currency Act reinforce Britain’s policy of mercantilism?
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The Sugar Act was part of the policy of Mercantilism that favored England by controlling trade, especially in respect of the import of sugarcane from the West Indies.

By preventing colonists from trading with most foreign countries. How did mercantilist policies create tension between Great Britain and the colonies? Colonist organized boycotts of British goods. ... Colonists were forced to quarter troops in their homes.

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3 years ago
When the Fourteenth Amendment was ratified by Georgia in 1868, Georgia was readmitted into the Union and citizenship was granted
Irina18 [472]

The answer is: C) Black members of the Georgia Assembly were removed from their positions.

The removal of black members of the Georgia assembly was made as a subtle threat to influence black citizens to move to other territory. Despite the creation of equal protection of the law, at that point of time american citizens do not see black citizens on equal value compared to the majority citizens. This is why they received such treatment.

7 0
3 years ago
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Dr. Smith believes that the ability to perceive the world in a competent, organized way is innate. Dr. Smith seems to uphold the
vladimir2022 [97]

<u>Answer: </u>

Dr. Smith believes that the ability to perceive the world in a competent, organized way is innate. Dr. Smith seems to uphold the nativist view.

<u>Explanation: </u>

  • The nativist view held by Dr. Smith tends him to believe that the very nature of human beings to look at the world as being organized in a disciplined manner comes from within.
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7 0
3 years ago
After the Battle of Vicksburg a Lincoln issued the Emancipation Proclamation. b Lee never again invaded the South. c the Union c
AnnyKZ [126]

Answer:

. c the Union controlled the Mississippi.

Explanation:

The battle of Vicksburg which was started on 18th May 1863 and lasted till 4 July of the same year is one deciding battles of the Civil War of the United States. Union Major General S.Grant and his Army Of Tennessee crossed the Mississippi and put the Confederates Army into a defensive line. He charged two assaults on the fortress of Vicksburg but with little success and then he decided to besiege the fortress of Vicksburg. the confederate army ran out of supplies and surrendered after forty days. The defeat resulted in weakening the war efforts of Confederates and Mississippi was controlled by the Union.

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3 years ago
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