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Nathan Decided It Would Be Best for His Company to Introduce

question 88

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Nathan decided it would be best for his company to introduce a low-calorie drink product into the South American market that is similar to other products already in place in the country. He felt this would lead to less resistance on the part of the South American consumer and the products would sell well. What type of strategy is Nathan using?


Definitions:

Entrepreneur

A person who establishes and manages one or more businesses, accepting higher than usual financial risks in the process.

Executive Education Programs

Specialized training courses designed to enhance the knowledge and skills of business leaders and managers.

College Extension Departments

Units within colleges or universities that offer courses and educational programs to non-traditional students, such as working adults and community members.

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business venture in the hope of making a profit.

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