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When conducting a diversification analysis, the quadrant that identifies a brand-new product that can be developed and pitched to a new market is called:

A. Market penetration
B. Product development
C. Market development
D. Diversification

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Final answer:

Product Development is the quadrant that identifies a brand-new product that can be developed and pitched to a new market in diversification analysis.


Explanation:

Product Development is the quadrant that identifies a brand-new product that can be developed and pitched to a new market in diversification analysis. It involves creating, processing, and commercializing new products to meet market needs. Product development projects are common and focus on delivering revenue-generating products for organizations.


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