Which Two Marketing Strategies Would Be Used If a Firm

question 340

Multiple Choice

Which two marketing strategies would be used if a firm were not willing to find new markets?

• A)product development and market penetration
• B)product development and diversification
• C)market development and product development
• D)market development and market penetration
• E)market development and diversification

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Definitions:

Non-traditional Media Representatives

Individuals or entities that represent forms of media outside the mainstream outlets, such as bloggers, social media influencers, and podcasters.

Product Launch Press Conferences

Events organized to officially introduce a new product to the market, often attended by the media, industry analysts, and other stakeholders.

Highly Detailed Pitches

Targeted proposals or presentations often delivered to media outlets, detailing a story idea or product with extensive information to garner interest.

Timely Information

Relevant data or knowledge promptly delivered or obtained, crucial for decision-making processes.