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:

Testable

Describing a hypothesis or theory that can be examined through experimentation or observation to determine its validity.

Well Established

Something that is firmly grounded, widely recognized, and reputable in its field or area.

Emotional Disorders

Mental health conditions that affect a person's mood, thinking, and behavior, often characterized by excessive or inappropriate emotions.

Obese People

Individuals who have an excessive amount of body fat, often defined by a body mass index (BMI) of 30 or higher.