What Is the Strategy of Increasing Sales by Introducing New

question 69

Multiple Choice

What is the strategy of increasing sales by introducing new products into new markets?

• A)diversification
• B)product placement
• C)market penetration
• D)market development

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Definitions:

Environmental Wisdom

is a philosophy that emphasizes living in harmony with the natural world, recognizing the interdependence of all living beings.

Economic Growth

The increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

Poverty Alleviation

A set of measures, both economic and social, intended to permanently lift people out of poverty by improving their living conditions and economic statuses.

Deep Ecology

An environmental philosophy that emphasizes the intrinsic value of all living beings and the need for humans to harmoniously coexist with nature.