Examlex
Which statement about hybridization is incorrect?
Diversification
A strategy for managing risk that diversifies a portfolio by incorporating a broad range of investments to reduce the effect of any single asset's performance.
Market Penetration
A measure of the extent to which a product or service is recognized and bought by customers within a particular market.
Market Development
Strategies or actions that seek to expand an existing product into new markets or demographic segments.
Product Development
Product development involves the creation and design of new products or the improvement of existing ones, aiming to meet market demand and enhance competitive advantage.
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