Examlex
Businesses basically organized along the lines of Rensis Likert's cooperative motivation system tend to have frequent built-in quality checks at points in the process.
Product Development
Product Development involves refining and enhancing an existing product's features or developing new products to meet market demand or take advantage of market opportunities.
Market Development
A growth strategy where a company seeks to sell its current products in new markets or new segments of existing markets.
Growth Strategy
A growth strategy is a plan of action designed to increase the size and scope of a business, by expanding its market reach, product portfolio, or operations.
Market Penetration
A measure of the extent to which a product or service is recognized and purchased by customers within a specific market.
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