3M involves its customers in the process of developing new products.In this way,it can benefit from current customers' insights and develop new products that will meet these customers' needs.3M is pursuing a __________ growth strategy.
A) diversification
B) market development
C) market penetration
D) product development
E) product penetration

Question

Quizplus · Accepted Answer

3M is developing new products based on the insights of its current customers, which is an example of product development.

3M Involves Its Customers in the Process of Developing New