When there is a large potential market for a product, the firm will adopt.

Related MCQs

• Super Product Developers Pvt. Ltd has just brainstormed a large number of ideas for adding new products and services after visiting several buying fairs. The owners will begin the first idea-reducing stage, called ______________, to arrive at a realistic number to adopt.
• Executives often complain that pricing is a big headach Common mistakes include: price is not revised often enough to capitalize on market changes; price is set ______________ of the rest of the marketing mix rather than an intrinsic element of a market-positioning strategy.
• A product with the ______________ is a green product.
• ______________ refers to duplicating the brand image of one product of promote another product of the same brand.
• Market where there is no physical delivery of goods
• A competitor or an unhappy customer can alter a website so that it refuses services to potential clients. This is known as ______________
• Products seen as having extension potential into other markets
• The set of all the products a firm made available to consumers buy is called.
• When a firm sets a very low price for one or more of its products with the intention'of driving its competitors out of business.
• When the advertisement is to create an image or reputation of the firm, it is a case of