The market development is the result of introducing?
Correct answer: B. Existing product in new market
- A. New product in existing market
- B. Existing product in new market
- C. Existing product in existing market
- D. New products in new markets
Explanation
Market development means taking an existing product into a new market, such as a new geographic area or a new customer segment. A new product for an existing market is product development.
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