When Pepsi decides to develop a new product, it creates the ...

[jjjetplane]

When Pepsi decides to develop a new product, it creates the product itself, determines the price the new product will sell for, decides how to distribute the product to consumers, and develops a promotion campaign to inform the market of the new product. Pepsi has created a(n)
 A) marketing strategy.
  B) consumer market.
  C) undifferentiated approach.
  D) market segmentation.
  E) marketing mix.

Question 2

Which of the following can happen when a company launches a new product that is lower in price than the current products of the company?
 A) Cannibalization
  B) Market penetration
  C) Augmentation
  D) Market segmentation

[ASDFGJLO]

Answer to Question 1

E

Answer to Question 2

A

[jjjetplane]

Excellent

[lindahyatt42]

Thanks for the timely response, appreciate it