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

Question

04-08-2024
Business

Answered

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

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-08-04T11:14:57-04:00

Final answer:

Product Development is the quadrant that identifies a brand-new product that can be developed and pitched to a new market in diversification analysis.

Explanation:

Product Development is the quadrant that identifies a brand-new product that can be developed and pitched to a new market in diversification analysis. It involves creating, processing, and commercializing new products to meet market needs. Product development projects are common and focus on delivering revenue-generating products for organizations.

Learn more about Product Development in Business here:

https://brainly.com/question/41089642

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 penetrationB. Product developmentC. Market developmentD. Diversification

Answer :

Final answer:

Explanation:

Learn more about Product Development in Business here:

Other Questions

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