Product diversification Study guides, Revision notes & Summaries
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BYU Marketing 201 Exam 1 (100% Errorless Answers)
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BCG Growth-Share Matrix correct answers Cash Cow - High market share, low market Growth 
Stars - High market share, high market growth 
?'s - High market growth, Low market share 
Dog - Low market growth, low market share 
 
Corporate Strategy correct answers Asks the question - What businesses should we be in? 
 
Strategic Business Unit Strategy correct answers Asks - How do we compete effectively against the competitors? 
 
Functional Strategy correct answers strategy by which managers in spec...
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WGU C483 (Principles of Management) Final Exam Questions and Answers Latest 2023/2024 | 100% Verified
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Activity-Based costing (ABC) Ans: A method of cost accounting designed to identify streams of 
activity and then to allocate costs across particular business processes according to the mount of 
time employees devote to particular activities 
Adapters Ans: Companies that take the current industry structure and its evolution as givens, 
and choose where to compete. 
Adverse impact Ans: When a seemingly neutral employment practice has a disproportionately 
negative effect on a protected group. 
Ad...
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MAC3701 EXAM PACK 2023
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QUESTION 1: COST CLASSIFICATION & 
BEHAVIOUR; BUDGETING & PLANNING; 
ADVANCED CVP ANALYSIS; STANDARD 
COSTING; TRANSFER PRICING; DIRECT - & 
ABSORPTION COSTING; PERFORMANCE 
MANAGEMENT; RELEVANT DECISION – 
MAKING – OPTIMISATION & ETHICAL, SOCIAL & 
OTHER RELATED MATTERS 
(a) Costs that are included in PW`s other direct variable manufacturing costs 
(DVMC) 
 Metal body shells: 
 Electrical wiring including entertainment centres 
 Seats 
 Engine 
These costs can be traced to the...
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MKTG 201 BYU Swenson Final (with Complete Solutions)
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BCG Growth Model correct answers Stars, Cash cows, question marks, dogs 
 
Path to Profitability correct answers Marketing Environment, Marketing mix, capture value, profits 
 
Brand Champions/Love Group correct answers The group that supports your company and the products in it 
 
Product Market Expansion Matrix correct answers Market Penetration, Product Development, Market Development, Diversification 
 
Market Penetration correct answers existing products, existing markets 
 
Product Develop...
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MKTG 445 exam 1 (100% Verified Solutions)
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what is the goal of all businesses correct answers survival 
*we ensure this by being profitable 
*we make a profit by generating more revenue than costs incurred 
 
what is the goal of marketing correct answers to raise revenues, or at an even more basic level, market share 
 
market share correct answers is always expressed as a percentage 
and is used to monitor growth 
market share = (our sales in x product category) / (total industry sales in product category x) 
 
how do we raise market sh...
And that's how you make extra money
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MARK3000 UGA MCMANUS FINAL EXAM QUESTIONS & ANSWERS
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MARK3000 UGA MCMANUS FINAL EXAM QUESTIONS & ANSWERS 
Portfolio Analysis indicates which is appropriate - Correct ️️ - growth or consolidation 
(different methods of growth/consolidation exist) 
Growth Strategies - Correct ️️ market penetration, market development, product development, 
diversification 
Ways to Consolidate - Correct ️️ Harvesting: cut back on resources devoted to product/market 
Divestment: eliminate entire product line or division 
Framework for Ethical Decision Maki...
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WGU D373 PA - Applies Strategic Marketing Tools and Methodologies | Latest 2023/24 | Updated & Verified | Guaranteed Success
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What is a new company entering an established industry with groundbreaking ideas or products known 
as? - Disruption 
What is a key factor for product success when a company releases a product that creates a new product 
category? - Consumer education 
What is the riskiest growth strategy for a company according to the Ansoff Matrix? - Diversification 
Which growth strategy in the Ansoff Matrix is represented when a company develops a new product for 
a new market? - Product diversification 
Wha...
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BSG Exam 2 (Answered) Complete Solution Verified 2022
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BSG Exam 2 (Answered) Complete Solution Verified 2022 
 
The advantages of a centralized organization structure include 
Reduced potential for conflicting actions and decisions on the part of lower-level personnel, facilitation of strong top management leadership in crisis situations, and tight control by the manager in charge-it is easy to know who is accountable when things do not go well 
One of the disadvantages of a decentralized structure featuring employee empowerment is 
A loss of "full...
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ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.
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ETS MFT BUSINESS EXAM 
 
The principal difference between variable costing and absorption costing centers on: 
 
a) whether variable manufacturing costs should be included as product costs 
 
b) whether fixed manufacturing costs should be included as product costs 
 
c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs 
 
d) none of these. 
 
General Bikes is debating which marketing research options to employ. The traditional p...
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MGCR 352 FINAL EXAM | 100% CORRECT ANSWERS | LATES UPDATE | RATED 100%
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Market Product Strategies 
 ANSWER: 
Market Penetration 
Product Development 
Market Development 
Diversification 
Market Penetration 
 ANSWER: 
selling MORE products in EXISTING markets 
Product Development 
 ANSWER: 
selling NEW products in EXISTING markets 
Market Development 
 ANSWER: 
selling EXISTING products in NEW markets (either geographic or new segments)
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AIPMM CPM Certification Questions and Answers Rated A+
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AIPMM CPM Certification Questions and Answers Rated A+ Product lifecycle stages 1. Introduction 2. Growth 3. Maturity 4. Decline 
Product manager Product Managers investigate, select, and drive the development of products for an organization, performing the activities or product mgmt. 
Product Marketing Manager Act as the voice of customer to the rest of the product team and company. 
Business Model Framework that describes the rationale of how an org. creates, delivers, and captures value 
Reas...
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