Which of the Following Is an Example of a Company

question 2

Multiple Choice

Which of the following is an example of a company that has identified a new market?

• A)Lonnie Johnson develops the Super Soaker,the world's most successful water gun.
• B)Low-dose Bayer aspirin introduced into the Chinese market.
• C)Coca-Cola introduces another low calorie soft drink.
• D)Kroger supermarkets add a new line of cosmetics for teens to its shelves.
• E)Purina introduces a new package design for its dog food.

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Definitions:

Supply Chain

The entire process of making and selling goods, including every stage from the supply of materials and the manufacture of the goods through to their distribution and sale.

Population Shift

The movement or change in the distribution of the population in certain areas due to factors like migration, birth rates, or economic changes, affecting demographics and societal structures.

Market Potential

The estimated maximum total sales revenue of all suppliers for a specific product in a market.

GDP

Gross Domestic Product, a measure of a country's economic performance, representing the total value of all goods and services produced over a specific time period.