Making More Sales to Current Customers Without Changing a Firm's

question 158

Multiple Choice

Making more sales to current customers without changing a firm's products is known as ________.

• A) market segmentation
• B) market penetration
• C) product diversification
• D) product development
• E) prospecting

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Definitions:

Isolation

Isolation refers to the condition of being separated from others, which can be physical, social, or emotional in nature.

Cultural Innovations

Involve the creation and implementation of new ideas, practices, objects, or customs within a culture, significantly impacting societal norms and behaviors.

Sickle-cell Anemia

A genetic blood disorder resulting from the presence of the sickle-cell gene, marked by anemia, pain, and various health challenges.

Canalization

A concept in developmental biology referring to the tendency of an organism to develop in a certain way, regardless of minor environmental variations.