Which of the following best describes the introduction stage of the product life cycle?

A. Market segmentation

B. SWOT analysis

C. Product positioning

D. Pricing strategy

A. Age

B. Income

C. Personality

D. Geographic location

A. Entering a new market with an existing product

B. Developing new products for new markets

C. Increasing market share in the existing market

D. Improving existing product features

A. Targeting a large, broad market

B. Targeting a small, well-defined segment of the market

C. Offering the lowest prices in the market

D. Offering a wide range of products

A. A company acquiring another company

B. Two companies forming a new, jointly owned business

C. A company licensing its technology to another company

D. A company franchising its business model

A. Higher advertising costs

B. Limited audience reach

C. Ability to track and measure campaign performance

D. Slower response time from consumers

A. Many sellers with differentiated products

B. One dominant seller

C. A few sellers with significant market power

D. Low barriers to entry