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37 vote

A situation whereby market is expanded by developing new products to satisfy new consumer needs is called -

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A situation whereby market is expanded by developing new products to satisfy new consumer needs is called -
1). Market development
2). Diversification
3). Both a: and b:
4). Neither a: nor b:


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5 answers

51 vote
Answered by on | Votes 51 |
option 2 is the answer
Accepted Answer

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30 vote
Answered by on | Votes 30 |
Diversification
Accepted Answer




0 vote
Answered by on | Votes 0 |
market development
2 vote
Answered by on | Votes 2 |
marketing develpomwmt
0 vote
Answered by on | Votes 0 |
Hi,Soham Mukherjee here.