The ‘diversification strategy’ is used to gain marke... - Solved MCQs & Answer

1559MarketingMedium

The ‘diversification strategy’ is used to gain market share in __________?

Anew products for new markets

Bnew products in new market

Ccurrent product in current market

Dnew products in current markets

Correct answer

A. new products for new markets

Explanation

new products for new markets is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

Related Marketing MCQs

View all 1721 MCQs →

MCQ #1561

The profits related to the new product in its introductory stage are?

Ans: negativeRead →

MCQ #1557

The type of research in which the finders use tools from social sciences disciplines is called __________?

Ans: ethnographic researchRead →

MCQ #1562

The techniques such as sentence completion and word association are classified as ____________?

Ans: projective techniquesRead →

MCQ #1556

The differentiated marketing in comparison of undifferentiated marketing creates _______?

Ans: more total salesRead →

MCQ #268

When the marketers offer the products which is representation of the category as a whole is classified as ____________?

Ans: representative heuristicRead →

MCQ #698

To create fit between demand and supply, the non-peak demand, complementary services, differential pricing and reservations systems are the strategies of ___________?

Ans: demand sideRead →