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Which Element Is NOT Correctly Associated Below

question 12

Multiple Choice

Which element is NOT correctly associated below?


Definitions:

Market Penetration

The degree to which a product or service is recognized and purchased by customers in a particular market, often used as a measure of success.

Product Development

The process of designing, creating, and marketing new products or improving existing ones to satisfy customer needs and gain a competitive advantage.

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio.

Product Development

The creation of new products or the improvement of existing ones, involving idea generation, design, testing, and commercialization processes.

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