Question: 1 point Using an existing brand name to introduce a product that is new to the company into a totally new, unfamiliar market seems like
point
Using an existing brand name to introduce a product that is new to the company into a totally new, unfamiliar market seems like a good idea. Several years ago, HarleyDavidson introduced perfume under the HarleyDavidson brand name and it failed quickly. This innovation strategy is known as a
radical invention.
product deletion.
disruptive innovation.
brand extension.
product line extension.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
