Multiple Choice
Which of the following is an example of a product development strategy?
A) A microprocessor manufacturing firm introduces a new microprocessor chip to replace an older,slower version and markets it in its established markets.
B) McDuffy's fast food restaurant opens its first overseas restaurant that offers its original menu of pizzas and pastas.
C) A carpet manufacturer operating in the United States introduces a new organic stain remover in India that is designed to remove even the worst spills.
D) A beverage manufacturer decides to enter the retail industry by introducing a new range of ethnic wear by capitalizing on the corporate image it has acquired as a beverage manufacturer.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: In an organization,which of the following will
Q8: Which of the following organizational growth strategies
Q9: Members of a business development team work
Q10: Which of the following organizational growth strategies
Q11: Which of the following statements is true
Q13: In the _ stage of the new
Q14: Which of the following is true of
Q15: In the context of new product planning
Q16: Joe and his team have been given
Q17: The primary goal of a test market