When MetaboLife First Came on the Market,its Only Product Was

question 70

Multiple Choice

When MetaboLife first came on the market,its only product was a weight-loss pill that was guaranteed to energize the user by causing a greater level of physical activity,which would burn calories.This was its only product,and it was marketed to anyone who wanted to lose weight or have more energy.This means,that its target market was virtually anyone breathing because very few people like their current weight,and everyone could use a little more energy.MetaboLife used:

• A)concentrated marketing
• B)undifferentiated marketing
• C)market atomization
• D)niche marketing
• E)demographic segmentation

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Definitions:

International Trade Agreements

Treaties between two or more nations that outline the rules and regulations for trade between them, facilitating smoother and increased trade.

Monetary Unions

Monetary unions are agreements between two or more states to share a common currency and monetary policy, aimed at facilitating economic stability and integration, such as the European Monetary Union.

Currency Exchange Rate

The price of one country’s currency in terms of another country’s currency.

Purchasing Power

The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.