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Which growth strategy focuses on developing new products for a company's existing markets?

a) Market penetration

b) Market development c) Product development d) Diversification

Business Development Management
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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2015/02/27
Upvote (1) Views (9) Followers (9) Answers (7) Report Question
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Bhojraj Dahal
by Bhojraj Dahal , Operation coordinator , L’Oréal

Of course , Product Development . 

Deleted user

  Agree with given answers that elect choice----C

MUHAMMED HARIS MI
by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

Option C is the right answer>>>>>>>>>>>>>>>>

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

Agreed

c) Product development

is the correct answer ..............................................

Naeem Afzal
by Naeem Afzal , Accountant , Merhatta International Recruiting Agency

In my opinion the product development strategy is focus on developing new product for a company's exciting markets.  

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

 

c) Product development

is the answer

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>> My answer will be c) Product development

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