The Marketing Strategy of Developing New Products and Selling Them

question 315

Multiple Choice

The marketing strategy of developing new products and selling them in new markets is referred to as

• A) product penetration.
• B) product development.
• C) market development.
• D) market penetration.
• E) diversification.

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Definitions:

Victor M. Rios

A sociologist known for his work on understanding the lives of young men entangled in the criminal justice system, focusing on issues of youth, race, and education.

Intersectionality

A framework for understanding how various aspects of a person's social and political identities combine to create different modes of discrimination and privilege.

Domestic Violence

Abusive behavior by one person against another in a domestic setting, such as in marriage or cohabitation.

Refugee Status

A form of protection given by a country to someone who has fled their own country due to fear of persecution for reasons of race, religion, nationality, membership in a particular social group, or political opinion.