If a business launches a product in a category where its existing brand names do not fit, which branding approach is it most likely to adopt?

Choose the correct answer

Explanation

When a company introduces a product in a category unsuitable for its current brand names, it typically develops new brands to better align with the market. Product extensions, line extensions, and brand extensions involve leveraging existing brand names, which may not be appropriate in this situation.

If a business launches a product in a category where… — Markets, Efficiency And The Public Interest | PakQuizHub