Question: 3. Eric is a sales rep for an established building materials manufacturer. Business is good, but he is concerned that the company has spent little

3. Eric is a sales rep for an established building materials manufacturer. Business is good, but he is concerned that the company has spent little on new product development and has not created a new product in over five years. Without new products, Eric can only market to his current customers or: a) market the same products to similar customers. b) diversify. c) intensify his prototyping. d) expand his early adopter market segment. e) focus on concept testing
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
