Question: Beatriz Do you know the difference between product development and market development strategies? Yeah, a product development strategy focuses on introducing current products to a

Beatriz

Do you know the difference between product development and market development strategies?

Yeah, a product development strategy focuses on introducing current products to a new market, and a market development strategy focuses on introducing new products to a current market.

Actually, there is no difference. They both refer to a strategy that focuses on introducing current products to a new market.

Select the best response.

Yeah, a product development strategy focuses on introducing a new product to a current market, while a market development strategy focuses on introducing current products to a new market.

Beatriz Do you know the difference between product development and market

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