Business, 01.10.2021 01:20 lexiecooley

Question 1 What is the growth strategy that develops growth through introducing a new
product or service in a new market? Choose the answer.

market penetration

diversification

product development

market development

Question 2

What is the growth strategy that attempts to increase market share by gaining
customers through lowered prices or increased marketing? Choose the answer.
market development

product development

diversification

market penetration

Answers: 1

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