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Q: ______________ focuses on introducing new products to existing markets. A. Market development B. Product development C. Diversification D. Market penetration
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User: ______________ focuses on introducing new products to existing markets. A. Market development B. Product development C. Diversification D. Market penetration

User: When a company grows globally by introducing existing product lines to new markets, this is an example of what? A. Market development B. Product development C. Diversification D. Market penetration

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Asked 6/6/2012 7:24:29 AM
Updated 6/24/2012 7:28:26 AM
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Product development is the name given to a growth strategy where a business aims to introduce new products into existing markets.

Added 6/24/2012 7:28:26 AM
Rated good by jeifunk
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