_____ strategies are designed to eliminate, reduce, create, or raise some previously assumed dimension of product/market supply and demand.

Question

Quizplus · Accepted Answer

New-market creation strategies aim to create demand for a new product or service that did not previously exist. This can involve identifying new uses for existing products or developing entirely new technologies. The goal is to expand the market and create new revenue streams. The other options (B, C, D) relate to strategies for disrupting existing markets, which may involve eliminating or reducing certain aspects of supply and demand, but do not necessarily involve creating new markets.

_____ Strategies Are Designed to Eliminate, Reduce, Create, or Raise