When a Firm Looks for New Users in Groups That

question 8

Multiple Choice

When a firm looks for new users in groups that might use a product but do not already use the product, the firm is using the ________ strategy.

• A) new-market segment
• B) market-penetration
• C) geographical-expansion
• D) product development
• E) diversification

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Definitions:

Job Experience

Job experience refers to the practical knowledge and skills a person gains while working in a specific field or position, contributing to their competence and employability.

Geographical Place

A specific physical location on Earth, defined by coordinates such as latitude and longitude or by identifiable boundaries.

Community Factor

Elements or conditions within a community that influence its functionality and health outcomes.

Public Transport

A system of vehicles such as buses and trains provided by the government or private companies to move people within urban areas and between cities.