Dorbo Inc.a manufacturer of microprocessors, is known for innovation and holds more than 300 patents.The company invents a microprocessor based on nanotechnology and introduces it to its current customers.Which strategy does Dorbo use in this scenario?
A)Customer intensification
B)Diversification
C)Product development
D)Market penetration
E)Market development

Question

Quizplus · Accepted Answer

Dorbo is using product development as a strategy by inventing a new microprocessor based on nanotechnology and introducing it to its current customers.

Dorbo IncA Manufacturer of Microprocessors, Is Known for Innovation and Holds