menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Marketing Study Set 15
  4. Exam
    Exam 2: Developing Successful Organizational and Marketing Strategies
  5. Question
    The Marketing Strategy of Developing New Products and Selling Them
Solved

The Marketing Strategy of Developing New Products and Selling Them

Question 315

Question 315

Multiple Choice

The marketing strategy of developing new products and selling them in new markets is referred to as


A) product penetration.
B) product development.
C) market development.
D) market penetration.
E) diversification.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q310: Ling is in the business of connecting

Q311: To move an SBU from its current

Q312: Aggregating prospective buyers into groups that have

Q313: If Ben & Jerry's starts selling its

Q314: The Boston Consulting Group's business portfolio analysis

Q316: Solarcom is a 30-year-old information technology company

Q317: Specialized functions such as marketing and finance

Q318: On the northern tip of Goose Island

Q319: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7462/.jpg" alt=" Figure 2-2 -In

Q320: Product development refers to the marketing strategy

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines