Examlex
Entry-level technicians usually receive _____ pay.
Product Development
The process of bringing a new product or service to market, from ideation through design, manufacturing, and marketing.
Market Penetration
A metric showing the extent of purchases or uptake of a product or service against the total possible market for it.
Market Development
A business growth strategy focusing on increasing sales of existing products to new markets or demographic segments.
Diversification
The strategy of increasing the variety of products or markets to reduce risk.
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