Answered step by step
Verified Expert Solution
Question
1 Approved Answer
When using a _ _ _ _ _ _ _ strategy, there is no change in either the basic product line or the markets served.
When using a strategy, there is no change in either the basic product line or the markets served. Instead, increased sales are generated by selling either more products through better promotion or distribution or the same number of products at a higher price.
market saturation
diversification
market development
product development
market penetration
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started