Question: A situation where you have a business that develops new products to sell to its current customer base is known as _ _ _ _

A situation where you have a business that develops new products to sell to its current customer base is known as ___________.
product development
market development
market penetration
diversification

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!