Which of the Following Is an Example of Identifying a New

question 88

Multiple Choice

Which of the following is an example of identifying a new niche in an established market?

• A) Copying a competitor's popular computer design
• B) Modifying a computer so that it is usable by untrained persons
• C) Reducing the price of a printer so that it is more affordable
• D) Introducing a new computer to another country
• E) Using a bundle pricing strategy for computers and printers

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Definitions:

Integration

The process of combining or coordinating separate elements to work together in a unified system.

Common Goals

Objectives or outcomes that are shared among members of a group, team, or organization, fostering unity and collaboration.

Bureaucracy

An organizational system characterized by standardized procedures, hierarchical structure, and formal rules intended to improve efficiency and accountability.

Career Ladder

A metaphor for the structured and sequential order of advancement or promotion within a company or industry, offering a path of progression from entry-level to higher-level positions.