If the quality of a product or service is difficult to evaluate even after you have purchased and used the product or service, the product falls under the category of:
A) experience goods.
B) shopping goods.
C) convenience goods.
D) credence goods.
D
Business
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In contraction defense, the leader stretches its domain over new territories through market broadening and market diversification
Indicate whether the statement is true or false
Business
An undifferentiated marketing strategy is most likely to be successful in which of the following scenarios?
A) The market has many competitors. B) The product or service has wide appeal. C) Growth of the market has stabilized. D) The market is slowly shrinking. E) The market has a few strong competitors.
Business