Which of the Following Strategies Is Used When an Automobile

question 64

Multiple Choice

Which of the following strategies is used when an automobile manufacturing company introduces a new model to replace an existing one and advertises it in its present market?

• A)Market development
• B)Product development
• C)Product diversification
• D)Market penetration

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Definitions:

Rubella

A contagious viral disease characterized by a distinctive red rash, usually mild in children but can cause serious congenital defects if contracted by pregnant women.

Birth Defects

Physical or biochemical abnormalities present from birth, which can result in mental or physical disabilities.

1960s

A decade marked by significant social, political, and cultural change, including movements for civil rights and the counterculture.

HIV

A virus known as Human Immunodeficiency Virus targets the immune system and may result in acquired immunodeficiency syndrome (AIDS) without treatment.