Which of the following strategies are utilized to introduce existing products to new markets? A. Diversification B. Merger C. M

Question

PtichkaEL [24]

3 years ago

6

Which of the following strategies are utilized to introduce existing products to new markets? A. Diversification B. Merger C. M

arket development D. Product development E. Market penetration

Business

1 answer:

vovikov84 [41] · Answer 1 · 2022-05-03T22:30:15+03:00

Answer: Market development.

Explanation:

Market development is the process of rebranding a product to make an already existing product more marketable to consumers(both those already consuming the products and those yet to consume them). This market development involves using various creative means to make an already existing product more attractive to consumers.

Which of the following strategies are utilized to introduce existing products to new​ markets? A. Diversification B. Merger C. M

Which of the following strategies are utilized to introduce existing products to new markets? A. Diversification B. Merger C. M