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Yanka [14]
3 years ago
14

Explain in brief about market development​

Business
2 answers:
andrew-mc [135]3 years ago
7 0

Answer:

Definition: Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales

Explanation:

<em><u>MARK </u></em><em><u>ME </u></em><em><u>AS </u></em><em><u>BRAINLIEST</u></em>

Westkost [7]3 years ago
3 0

Answer:

Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales.

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A ____ is a written document that describes all the aspects of a business venture in a concise manner.
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A business plan is a written document that describes all the aspects of a business venture in a concise manner.

<h3>What is a business plan?</h3>

A business plan is a written document that describes in detail how a business defines its objectives and how to achieving them.

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mr Goodwill [35]

It should be noted that corporate officers have the implied power to bind the firm in matters directly connected to its business.

<h3>Who are corporate officers?</h3>

corporate officers serves as those workers in a company or an organization who are seen as officials and they have allocated duties and responsibilities .

These officers posses the power to bind the firm in matters directly connected to its business.

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Abc company is in the process of issuing bonds. The bonds have a stated interest rate of 6%, which is 2% above the current marke
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