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Vika [28.1K]
2 years ago
12

__________ achieves company growth by increasing sales of current products to current market segments without changing the produ

ct.
Business
1 answer:
BaLLatris [955]2 years ago
8 0

Market penetration achieves company growth by increasing sales of current products to current market segments without changing the product.

<h3>What is market penetration?</h3>

In economics, the term market penetration is used to denote the extent to which the people in the market would recognize and also have to buy a particular product. It is the successful selling of the product in the market by the produces to the consumers of the product.

Hence we can say that Market penetration achieves company growth by increasing sales of current products to current market segments without changing the product.

Read more on market penetration here: brainly.com/question/1172265

#SPJ1

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As Marshall observed, "Statistics are the straw out of which I, like every other economist, have to create bricks," this statement does definitely illustrate the significance and relevance of statistics in economics.

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Learn more about statistics in economics here

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Hope this helps!
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