With a market development strategy,a company aims to improve sales by ________.
A) increasing advertising efforts to build brand image in its current market
B) introducing a new variant of its product in a new market
C) increasing sales efforts in its current market with its current products
D) introducing its product in a new market without making any changes to the product
E) selling a new product in its current market

Question

Quizplus · Accepted Answer

A market development strategy involves introducing existing products into new markets without making changes to the product.

With a Market Development Strategy,a Company Aims to Improve Sales