198k views
3 votes
When its beer sales were flat, budweiser became interested in entering the premixed cocktail segment by providing a product that would appeal to those who don't enjoy traditional beer. it launched bud light lime-a-rita, a margarita-flavored, beer-based cocktail, sold in cans and bottles and best served over ice. this is an example of?

1 Answer

5 votes

Diversification, which is the process of a business expanding and varying its product range.

User CSP
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories