A growth strategy to develop an untapped new-market potential offers both high risk and the possibility of high return.

Name: A growth strategy to develop an untapped new-market potential offers both high risk and the possibility of high return.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Developing untapped new-market potential can involve high risk due to uncertainties about the demand, competition and regulatory environment. However, if successful, it can offer high returns through capturing a new customer base and expanding the business.

A Growth Strategy to Develop an Untapped New-Market Potential Offers