The 'market-development strategy' is used to gain market share __________?
Correct answer: A. current products in new market
- A. current products in new market
- B. new products for new markets
- C. new products in new market
- D. current product in current market
Explanation
Market development means taking current products into new markets or reaching new customer segments. New products for existing markets describe product development, while new products for new markets describe diversification.
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