menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Marketing Study Set 16
  4. Exam
    Exam 3: Strategic Planning and Marketing
  5. Question
    The Practice of Offering Modified or New Products to Current
Solved

The Practice of Offering Modified or New Products to Current

Question 47

Question 47

Multiple Choice

The practice of offering modified or new products to current markets is BEST described as which of the following?


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

Correct Answer:

verifed

Verified

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

Related Questions

Q42: While each of the divisions that comprise

Q43: Business portfolio planning involves two steps: _and_

Q44: The process of checking ongoing performance against

Q45: An organisation that uses both financial and

Q46: The section of the marketing plan that

Q48: The Boston Consulting Group portfolio technique evaluates

Q49: Briefly outline the portfolio planning method developed

Q50: Service marketers have argued that the traditional

Q51: Of the following product/market expansion strategies, the

Q52: After management has identified the key businesses

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