Multiple Choice
A firm attempts to identify and develop new markets for current products by a strategy known as:
A) market development.
B) diversification.
C) product development.
D) market penetration.
E) harvesting.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q25: Opportunities are favourable factors or trends in
Q26: Common criticisms of the SWOT analysis include
Q27: In the 1980s and 1990s, the Coca-
Q28: Mission statements should be market- oriented and
Q31: The term, core competency is a synonym
Q32: The process of looking at whether the
Q33: Outline the arguments, presented in the text,
Q34: Which of the following would NOT be
Q35: The balanced scorecard system is based on
Q54: The growth strategy of diversification involves offering