Examlex
An apparel marketer is planning to launch an existing brand name into a new product category.Which brand development strategy is being implemented?
Related Diversification
A growth strategy where a business expands its operations into areas that are similar to its existing operations, aiming to leverage its existing strengths and capabilities.
Business Strategy
Deals with how the firm will compete in each market where it conducts business.
Retrenchment
The act of reducing costs or spending in response to economic difficulty, often involving layoffs or downsizing of an organization.
Prospector Strategy
A business approach focused on innovation, seeking out new markets and opportunities, characterized by flexibility and a readiness to adapt to changing environments.
Q43: The business analysis stage represents the first
Q66: Disintermediation involves restructuring marketing channels to deal
Q69: White King mass-produces an all-purpose floor cleaner,mass-distributes
Q72: Which of the following statements about a
Q84: _ test marketing uses a range of
Q120: New product development starts with _.<br>A)idea generation<br>B)idea
Q126: Which of the following is NOT an
Q146: An alternative to product line stretching is
Q146: In two-part pricing,the price is broken down
Q169: Product planners must design the actual product