Assume that a company is involved in the development of non-conventional power generation that can show a very good growth rate. There is more problem with pollution from the use of fossil fuels.
Which of the following terms can be associated with such a situation?
A. Market penetration
B. Market development
C. Product development
D. Diversification
Answer: Option C
Related Questions on Marketing Management
Launching a product in a small part of the market is called:
A. Competitive response
B. Competitive analysis
C. Test marketing
D. None of these
A. Product
B. Selling
C. Customer
D. Production
Markets which are organized and regulated by statutory measure are:
A. Regulated markets
B. Unregulated markets
C. World market
D. None of these
A. Innovators
B. Late majority
C. Early majority
D. Late adopters
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