The Two Ways That Related Markets Can Be Developed for Existing

question 38

Multiple Choice

The two ways that related markets can be developed for existing products are:

• A)target new customer segments and/or expand geographically
• B)target old customer segments and/or expand regionally
• C)target new consumer segments and/or expand internationally
• D)target old consumer markets and/or expand locally

---

Definitions:

Disruptions

Disturbances or problems that interrupt an event, activity, or process, often leading to the requirement for adjustment or a response.

Illegal Behavior

Actions or activities that are forbidden by law and subject to criminal or civil penalties.

Reactive Problem Solving

A method of addressing issues as they occur, rather than anticipating and planning for potential problems.

Purchasing Generators

Refers to the process of acquiring generators, which are machines that convert mechanical energy into electrical energy, for use in various applications.