Examlex
Which of the following yields a cluster sample?
New Markets
Refers to newly identified or created market segments or geographical areas where a company can promote and sell its products or services.
Expansion
The process of increasing the size, volume, number, or scope of a business or its activities.
Brand Extension Strategy
A marketing strategy in which a firm marketing a product with a well-developed image uses the same brand name in a different product category.
High Brand Equity
The value a brand adds to a product or service, reflected in consumer recognition, loyalty, and willingness to pay a premium.
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