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Research real world examples of companies using each of the following strategies: Market Penetration MarketDevelopment Product Development Please provide a brief description of the situation

Research real world examples of companies using each of the following strategies:

  • Market Penetration
  • MarketDevelopment
  • Product Development
  1. Please provide a brief description of the situation and define why you think the company choose that strategy.
  2. Provide one benefit and one negative the company must deal in each strategy.

Note: pleaseseparateeach part of the response with headers and bullets where appropriate. Doublecheck and make sure each part ofthe question isanswered. Also provide research URL's

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