Which of the Following Is a Key Difference Between Market

question 75

Multiple Choice

Which of the following is a key difference between market development strategy and diversification strategy?

• A)Diversification offers products in a new market, whereas market development involves offering a product in the existing market.
• B)Diversification occurs when a new product is offered in an existing market, whereas market development takes place when an existing product is offered in a new market.
• C)Diversification involves development of new product, whereas market development uses an existing product.
• D)Diversification involves low levels of risk, whereas market development is characterized by high levels of risk.
• E)Market development offers products in a new market, whereas diversification involves
• Offering a product in the existing market.

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Definitions:

Internet Support Groups

Online communities where individuals can share support, experiences, and advice about health issues or personal challenges.

Psychologists

Professionals in the field of psychology who study mental processes and behavior, often providing therapy and counseling to help individuals cope with mental health issues.

Antitreatment Network

Groups or movements that oppose or resist standard medical treatments or interventions.

Psychological Problems

Psychological problems encompass a wide range of mental health issues and disorders that affect a person's thinking, behavior, and emotions, impacting their overall quality of life.