ABC CoWants to Grow Through Innovation

question 55

Multiple Choice

ABC Co.wants to grow through innovation.It has modified several of its products and developed two new products for its customers.Which strategy is ABC Co.using?

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

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Definitions:

Perceptual Constancy

The accurate perception of objects as stable or unchanged despite changes in the sensory patterns they produce.

Retinal Image

The projection of visual stimuli onto the retina, the light-sensitive layer of tissue at the back of the eye, where it is converted into neural signals.

Unchanging

Remaining the same over time; not undergoing any transformation, variation, or development.

Loudness

The perception of the intensity of sound waves, often measured in decibels, as experienced by a listener.