Business

3 August, 00:20

Eric is a sales rep for an established building materials manufacturer. Business is good, but he is concerned that the company has spent little on new product development and has not created a new product in over five years. Without new products, Eric can market his current products only to his current customers or

A. diversify.

B. intensify his prototyping.

C. expand his early adopter market segment.

D. market the same products to similar customers.

E. focus on concept testing.

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Eric is a sales rep for an established building materials manufacturer. Business is good, but he is concerned that the company has spent ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Macroeconomic policy will be needed to address rising inflation. B There is sufficient aggregate demand to cause inflationary pressures. C The equilibrium in the economy is at a level of output above full employment.

Suppose that just by doubling the amount of output that it produces each year, a firm s per-unit production costs fall by 30 percent. This is an example of: a. technological advance. b. the demand factor. c. economies of scale. d.

Define and discuss the four common denominators of all organizations, and provide an example for each component. What is the difference between an open and closed system? Provide an example for each system.

If you drive slower than the flow of traffic you will most likely

About how many unsuccessful suicide attempts occur annually in the united states? 30,000 120,000 1 million 2 million

New Questions in Business

In which year were tobacco commercials banned from network television in the united states?

Maggie's manager notices that she exhibits an external locus of control when she speaks about her work. Her manager should Group of answer choices a. direct Maggie toward a job with more autonomy. b.

Consider this argument: "The kidnappers have taken eight people hostage and are holding them at a farmhouse just outside town. If the SWAT team assaults the farmhouse, the hostages could be killed.

Rent seeking is an attempt to A. use the government for individual benefit at the expense of others. Regulatory capture is an example of this, where a regulatory agency makes decisions benefiting the firm being regulated. B.

An Insurance company is a business in which it pays to the company if there is a loss, damage, treatments or injury for the payment of premium amount. It calculates the risks that has occurred and pays to compensate the premium amount.