Examlex
People from some cultural backgrounds may use different problem-solving strategies than those that are required for solving problems on standardized intelligence tests.
Product Development
The process of creating, designing, and rolling out new products or improving existing ones to meet customer needs.
Diversification
A strategy for managing risk that diversifies by incorporating a broad range of investments in a single portfolio.
Market Development
A growth strategy where a company seeks to increase sales by promoting existing products in new markets or new segments of current markets.
Product Development
The process of bringing a new product or service to the market, from initial concept through design, prototype, testing, and finally, launch.
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