Which of the following is a strategy of increasing sales of current products in new markets?
A)Diversification
B)Product development
C)Market share
D)Market penetration
E)Market development

Question

Quizplus · Accepted Answer

Market development is a strategy that involves selling current products in new markets. This approach can include targeting a new geographical area, a new demographic, or a new use for the product.

Which of the Following Is a Strategy of Increasing Sales