Visiting Rollerblade's website shows that the company recently launched a new extendible children's skate.This is an example of which market-product strategy for Rollerblade?
A)market penetration.
B)market development.
C)product development.
D)diversification.

Question

Quizplus · Accepted Answer

The launch of a new extendible children's skate is an example of product development, which involves expanding a company's product line or introducing new products to existing markets.

Visiting Rollerblade's Website Shows That the Company Recently Launched a New