When a firm tries to increase sales by selling its present products in new markets, this is called:

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Selling present products in new markets is known as market development. This strategy aims to increase sales revenue by expanding the customer base rather than introducing new products or diversifying the company's business. Market penetration involves increasing market share in existing markets through aggressive marketing, whereas product development involves creating new products for existing markets. Diversification involves entering new markets and creating new products at the same time. Market integration is not a recognized term in marketing strategy.

When a Firm Tries to Increase Sales by Selling Its