A Firm Using the Follower Strategy Will Most Likely Enter

question 2

Multiple Choice

A firm using the follower strategy will most likely enter the market with a(n) ________.

• A) new product that has never been seen
• B) product sold domestically and abroad
• C) improved version of an existing product
• D) adaptation of an online international product

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Definitions:

Full Development

The achievement of the maximum potential or capacities in any aspect of human growth, whether physical, emotional, or intellectual.

Cognitive Needs

Mental requirements or desires that individuals have for understanding, exploring, and making sense of their environment and experiences.

Emotionally Healthy Adults

Individuals who exhibit stable and positive psychological conditions, with the ability to manage emotions, form healthy relationships, and cope with life's challenges effectively.

Safety and Security

Fundamental needs in Maslow's hierarchy, representing the necessity for protection from physical harm and assurance of psychological well-being.