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Identify and Briefly Discuss Each of the Three Options for Entering

question 97

Essay

Identify and briefly discuss each of the three options for entering new businesses.Which one is the most popular in the sense of being used most frequently? For what reasons?


Definitions:

Consistent

Showing steady conformity to a set of standards, patterns, or behaviors over time.

Brand Extension

The use of an existing brand name for a new product or category in the same brand portfolio.

Social Media Presence

The extent to which a brand or individual actively maintains profiles and engages with audiences across social networking platforms.

Customer Relationships

The dynamic interactions and experiences between a business and its customers, aiming to foster loyalty and satisfaction.

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