Because of Slowing Sales, Arm & Hammer Started Promoting Innovative

question 98

Multiple Choice

Because of slowing sales, Arm & Hammer started promoting innovative uses for its baking soda. By searching for new market opportunities, the manufacturer of Arm & Hammer is using which type of adaptive strategy?

• A) defending
• B) cost leading
• C) analyzing
• D) reacting
• E) prospecting

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Definitions:

Sampling Bias

A statistical error that occurs when a sample is not representative of the population from which it is drawn, potentially leading to distorted results.

Survey

A method of gathering information by asking a series of questions from a group of people to collect data.

Proposals

Formal suggestions or plans put forward for consideration or discussion by others.

Size Of Paper

Refers to the dimensions of a sheet of paper, commonly measured in terms such as A4, legal, or letter size.