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Author Question: Rapid Water Systems Co has developed a reverse osmosis water purifier that gets rid of water ... (Read 340 times)

Yi-Chen

  • Hero Member
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  • Posts: 550
on: Jul 6, 2018
Rapid Water Systems Co has developed a reverse osmosis water purifier that gets rid of water impurities and at the same time minimizes water wastage.
 
  This feature is unlike any found in other purifiers and the customer demand for this product is high. However, the company plans to sell it at a cost lower than the average market price of other water purifiers. Which of the following market strategies is the company implementing?
  A) diversification strategy
  B) best-cost strategy
  C) transaction strategy
  D) market penetration strategy
  E) product development strategy

Question 2

When a company creates new products and attempts to sell these to its current customers, it is implementing the ________.
 
  A) diversification strategy
  B) market development strategy
  C) differentiation strategy
  D) best-cost strategy
  E) product development strategy


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kxciann

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Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

E


Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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