Flag question A strategy that involves developing new products or services for current target market is called: O a. product mix O b. marketing effort O c. product development Od market development Oe, market penetration . Marked out of 2.50 Which of the following is not an advantage of having high brand equity for marketers? p Hay question O a. Brands offer a lifetime guarantee for the company O b. Brands can facilitate consumer loyalty Oc. Brands are financial assets for the company Brands are financial assets for the company O d. Brands can lead to price insensitivity among consumers O e. Brands provide competitive advantage 250 P Pag question The sale of candy and chocolate in Turkey is during the Feast of Ramadan in Turkey. Grocery stores who specifically ad candy at this time of year are segmenting on the basis of O a. demographics O b. psychographics . occasion O d. user status O e benefits Marked out of 2.50 Pequestion in the historical evolution of the marketing science, distributing it extensively. era's main focus was on selling the products at the lowest possible pric O a. value-oriented O b. sales oriented Oc market-oriented Od production-oriented 2.50 p Hay question The sale of candy and chocolate in Turkey is during the Feast of Ramadan in Turkey. Grocery stores who specifically ad candy at this time of year are segmenting on the basis of O a. demographics O b. psychographics Oc occasion O d. user status O e benefits The process of dividing the market into distinct groups of buyers with different needs, characteristics, or behaviors is called Hag question O a differentiation O b. positioning O c market extension O d. targeting O e market segmentation p Hat question Unilever once had more than ten different brands of laundry detergent but now markets only sox. This is an example of O a market development Ob diversification Os downsizing Od market penetration O e product development