Which of the Following Is an Example of a Diversification

question 20

Multiple Choice

Which of the following is an example of a diversification strategy?

• A)A firm introduces its current products to a new set of customers.
• B)A company markets an innovative product by using its existing network.
• C)A firm introduces a new product to a segment that is currently not served.
• D)A company exports its products to a new geographical location.
• E)A firm intensifies its marketing activities to increase the sale of its current offerings.

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Definitions:

Hypothesis

A suggested theory derived from minimal evidence intended as an initial step for more in-depth inquiry.

Sensorimotor

refers to the developmental stage in early childhood, according to Jean Piaget's theory of cognitive development, where infants learn about and interact with the world primarily through their senses and motor activities.

Toy Train

A miniature train set considered as a toy, often used by children and hobbyists for entertainment and educational purposes.

Phonemes

The basic units of sound in a language that distinguish one word from another.