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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