Market Development Refers to the Marketing Strategy of

question 118

Multiple Choice

Market development refers to the marketing strategy of

• A) increasing sales of current products in current markets.
• B) selling new products to new markets.
• C) selling new products to current markets.
• D) selling the same brands in both current and new markets.
• E) selling current products to new markets.

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Definitions:

Slicer

A tool in spreadsheet software that allows users to filter data in pivot tables or pivot charts to display only the information of interest.

PivotTable Filter

A tool within a PivotTable that allows users to exclude certain data from view, focusing on relevant information.

Graphic Object

A visual element within a digital document or work, such as a chart, shape, picture, or drawing, that can be manipulated independently of text.

Number Format

A specification of how numerical data is displayed or printed, encompassing factors like decimal places, thousand separators, and currency symbols.