Multiple Choice
The strategy for growth in which the entrepreneur encourages existing customers to buy more of the firm's current product is a:
A) penetration strategy.
B) product development strategy.
C) market development strategy.
D) diversification strategy.
Correct Answer:
Verified
Correct Answer:
Verified
Q54: Product development strategies use customers' experiences to
Q55: Many entrepreneurs find that as they grow
Q56: Using a large proportion of part-time workers:<br>A)
Q57: Entrepreneurs that have a high ability to
Q58: In order to better serve customers,all customer
Q60: The _ requires that the entrepreneur recognize
Q61: Entrepreneurs in the _ quadrant of firm
Q62: Entrepreneurs who have the necessary abilities for
Q63: _ are used to characterize potential customers
Q64: Acknowledgment that only a small amount of