Which of the Following Is Correct About the Product Development

question 9

Multiple Choice

Which of the following is correct about the product development strategy of Ansoff's strategic opportunity matrix?

• A) It is a marketing strategy that tries to increase market share among existing customers.
• B) It is a marketing strategy that entails attracting new customers to existing products.
• C) It is a marketing strategy that entails the creation of new products for present markets.
• D) It is a strategy of increasing sales by introducing new products into new markets.

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Definitions:

Accountability for Results

The obligation to report, explain, or justify outcomes, ensuring responsibility for achieving specific objectives or goals.

Team Dysfunction

Problems within a team that hinder its effectiveness, such as lack of trust, fear of conflict, or absence of accountability.

Avoidance of Accountability

This refers to situations where individuals or organizations evade taking responsibility for their actions or decisions.

Personal Acceptance

The process or state of recognizing and valuing oneself as worthy, without needing validation from others.