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Nookie1986 [14]
2 years ago
7

A ________ growth strategy employs the existing marketing offering to reach new market segments.

Business
1 answer:
romanna [79]2 years ago
7 0

A market development growth strategy employs the existing marketing offering to reach new market segments.

This is further explained below.

<h3>What is a market development growth strategy?</h3>

Generally, The process of selling your current goods or services to a whole new set of consumers is an essential part of market expansion, which is a growth strategy.

It all starts with doing market research, during which you will perform a segmentation study of the market you already have.

In conclusion, The current marketing offering is used in order to expand into new market sectors as part of a market development growth plan.

Read more about market development growth strategy

brainly.com/question/14584658

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3 years ago
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermin
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Answer and Explanation:

The computation of the predetermined overhead rate is shown below:

For Cutting department

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For finishing department

= Variable manufacturing overhead per direct labour + (Total fixed manufacturing overhead ÷ direct labor hours)

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4 0
3 years ago
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daser333 [38]

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5 0
3 years ago
The money and merchandise you owe to creditors are your ________.
Ber [7]
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4 0
3 years ago
The Dennis Company reported net income of $50,000 on sales of $300,000. The company has average total assets of $500,000 and ave
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Answer:

C) 12.5%

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