Annabelle's company makes pottery. She would like to expand her business and is looking for ideas. Which of the following would you advise her to do?
A) Think outside the box; go into a completely different line of products.
B) Pursue innovation that customers will perceive as adding excitement to their lives.
C) Base innovative efforts on her experience.
D) Focus on products or services offered by her largest competitors.
Correct Answer:
Verified
Q17: Innovative packaging is often the deciding factor
Q18: A brand includes the verbal and/or symbolic
Q19: A growth trap occurs when a company
Q20: During the competitive advantage life cycle, firms
Q21: A direct channel of distribution is one
Q23: Physical distribution of products includes only transportation.
Q24: If a firm extends a janitorial cleanser
Q25: Thanks to the national press, Wonderful Gifts
Q26: Distribution is essential for tangible products, but
Q27: Attorneys are rarely used by entrepreneurs when
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents