Figure 2-5

-Quadrant B in Figure 2-5 above represents the marketing strategy of
A)market penetration.
B)product penetration.
C)market development.
D)product development.
E)diversification.

Name: Figure 2-5 -Quadrant B in Figure 2-5 above represents the marketing strategy of A)market penetration. B)product penetration. C)market development. D)product development. E)diversification.
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Question

Figure 2-5
 
-Quadrant B in Figure 2-5 above represents the marketing strategy of
A)market penetration. 
B)product penetration. 
C)market development. 
D)product development. 
E)diversification.

Quizplus · Accepted Answer

Product development is a marketing strategy of selling new products to current markets.

Figure 2-5 -Quadrant B in Figure 2-5 Above Represents the Marketing Strategy