Product development refers to the marketing strategy of
A) increasing sales of current products in current markets.
B) selling current products to new markets.
C) selling new products to new markets.
D) selling new products to current markets.
E) selling the same brands in both current and new markets.

Question

Quizplus · Accepted Answer

Product development involves creating and selling new products to existing markets, aiming to meet the evolving needs of current customers.

Product Development Refers to the Marketing Strategy of