A Market Development Strategy May Involve Creating New Uses for Old

question 37

True/False

A market development strategy may involve creating new uses for old products to stimulate additional sales among existing customers,while also bringing in new buyers.

---

Definitions:

Olfactory Receptors

Specialized nerve cells responsible for detecting odors in the environment and transmitting information about them to the brain.

Body Map

A representation within the brain of the body's parts and their relative positions; it is involved in processing sensory information and coordinating movement.

Phantom Limb Pain

A phenomenon where individuals experience sensations, often pain, in a limb or part of a limb that has been amputated.

Basic Skin Sensations

The four types of sensations that can be felt by the skin: pressure, warmth, cold, and pain.