Question

Sales of watches among teenagers and twenty-somethings are declining rapidly as this age group uses cellphones, iPods, and other devices to tell time. A company that specializes in selling inexpensive watches to this age group may wish to consider __________ in order to develop new products other than watches

Answer 1

Unrelated diversification.

Step-by-step explanation:

Unrelated diversification is basically when the business adds an unrelated product line and penetrate a whole new market.