When a Company Retains the Product but Changes the Market

question 39

Multiple Choice

When a company retains the product but changes the market segment that they are aiming for, then a company is practising which of the following?

• A)Tangible repositioning
• B)Intangible repositioning
• C)Targeted repositioning
• D)Untargeted repositioning

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Definitions:

Procedures

Established ways of doing something, often involving sequential steps or a set method.

Major Life Changes

Significant events or transitions in an individual's life that can have profound effects on their well-being and outlook.

Basic Characteristics

Fundamental traits or attributes that define or determine the nature of something.

Dramatic Changes

Significant transformations or shifts that have a profound impact on a situation or individual.