_____ Means Trying to Increase Sales by Selling Present Products

question 234

Multiple Choice

_____ means trying to increase sales by selling present products in new markets.

• A) Differentiation
• B) Market development
• C) Product development
• D) Diversification
• E) Market penetration

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Definitions:

National Science Foundation

A federal agency in the United States that supports fundamental research and education in all the non-medical fields of science and engineering.

Equal Employment Opportunity Commission

A U.S. federal agency responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex, national origin, age, disability, or genetic information.

Policy Statements

Official documents that outline an entity's principles, protocols, and guidelines regarding its operations and decisions.

Rule-making

The process by which governmental agencies establish new regulations or amend existing ones.