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ahrayia [7]
3 years ago
6

Gadgetbug, an electronic gadgets company, has established itself as one of the industry leaders. The company has been facing com

petition from new entrants. The new entrants offer gadgets in different colors, with compelling artwork embossed on the cases. Seeing the interest in this market, Gadgetbug introduced its own range of uniquely designed gadgets.
In this scenario, Gadgetbug's attempt to cater to the different segments of customers to deter competition demonstrates:

A) price signaling
B) product proliferation
C) harvest strategy
D) limit price strategy
E) diseconomies of scale
Business
1 answer:
RSB [31]3 years ago
6 0

Answer:

B. product proliferation

Explanation:

Product proliferation -

It refers to the practice of making variation on the same product , in the market , is referred to as product proliferation .

various innovative and latest method of packaging , sizes and color are used , to attract the consumers .

The method is used to deal with the upcoming competition and attract the consumers .

Hence , from the given scenario of the question ,

The correct answer is B. product proliferation .

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The cost of goods manufactured at stereo corp. in the year 2017 is $285,000.

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1 year ago
What makes Germany famous for their chocolates?
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That make them with out coca beans
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In the _____ stage of selecting information technology projects, organizations select information technology projects. a. projec
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In the <u>Resource Allocation</u> stage of selecting information technology projects, organizations select information technology projects.

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3 0
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18 minutes.

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8 0
3 years ago
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