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.
Answer:
opportunity cost is define as given below
Explanation:
- Opportunity cost can be defined as sacrifice for the individual, company or government. The opportunity cost of obtaining products or services is a forgiving option. For a person who aims to maximize his benefit from his limited available resources, he must allocate these limited resources to those who are most important. Opportunity Costing helps a person make good use of their scarce resources. .
- Opportunity cost is also important for a company because the company has to allocate its limited available raw materials to produce a certain product with high demand at the expense of other products that are less demanding.
Answer:
Thanks. Have an awesome day and lmk if i can help with anything ^^
Explanation:
Answer:
Charge card
Explanation:
A charge card is a type of electronic payment card in which there is no interest is to be charged but you needs to the pay the balance of the statement either full or monthly basis. Also it has the highest annual fee that should be charged
So as per the given situation, it is the charge card scenario
Answer:
marginally attached staff and part-time staff that hope on getting full-time jobs
