A company that has developed a successful local product or brand cannot implement an adaption strategy.

Question

Quizplus · Accepted Answer

A company that has developed a successful local product or brand can implement an adaption strategy to expand their market reach and adapt to the preferences and needs of different regions or markets. Adaption strategies may involve making changes to the product design, packaging, marketing messaging, or distribution channels. It is a common approach for companies seeking to enter new markets or appeal to diverse customer segments.

A Company That Has Developed a Successful Local Product or Brand