Which of the following approaches is best suited to a global market where there is need but not the needed purchasing power to buy either the existing or adapted​ product?   A.   ​Product-communication extension​ (dual extension)   B.   Product​ extension-communication adaptation   C.   ​Product-communication adaptation​ (dual adaptation)   D.   Product​ adaptation-communication extension   E.   Innovation

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter2: Fundamental Economic Concepts
Section: Chapter Questions
Problem 2E
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Which of the following approaches is best suited to a global market where there is need but not the needed purchasing power to buy either the existing or adapted​ product?

 

A.

 

​Product-communication extension​ (dual extension)

 

B.

 

Product​ extension-communication adaptation

 

C.

 

​Product-communication adaptation​ (dual adaptation)

 

D.

 

Product​ adaptation-communication extension

 

E.

 

Innovation

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