This topic contains a solution. Click here to go to the answer

Author Question: CocoaChef Caf and Ptisserie specializes in lattes and cappuccinos. However, they note a decrease in ... (Read 59 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
CocoaChef Caf and Ptisserie specializes in lattes and cappuccinos. However, they note a decrease in sales as their customers become more health conscious.
 
  To cater to the changing demands, CocoaChef starts offering healthier options like iced teas and whole-grain snacks. Based on this information, which of the following market strategies is CocoaChef Caf and Ptisserie implementing?
  A) a diversification strategy
  B) product development strategy
  C) differentiation strategy
  D) market development strategy
  E) best-cost strategy

Question 2

When a firm chooses to sell new products in completely new markets, its strategic choice is known as ________.
 
  A) diversification
  B) market penetration
  C) differentiation
  D) product development
  E) market development



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

succesfull

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

B

Answer to Question 2

A




lracut11

  • Member
  • Posts: 536
Reply 2 on: Jul 6, 2018
Gracias!


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

For a complete list of videos, visit our video library