Question: When conducting a diversification analysis, the quadrant that identifies strategies that will increase sales of a current product to a current market is called: a.

When conducting a diversification analysis, the quadrant that identifies strategies that will increase sales of a current product to a current market is called:

a.

Market penetration

b.

Product development

c.

Market development

d.

Diversification

2. When a store starts limiting the options that consumers are able to pick from, they are interfering with a consumer's_______:

a.

Right to safety

b.

Right to be informed

c.

Right to choose

d.

Right to be heard

3. When conducting a diversification analysis, the quadrant that identifies a brand-new product that can be developed and pitched to a new market is called:

a.

Market penetration

b.

Product development

c.

Market development

d.

Diversification

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