ExamVeda
Login
Home

Marketing current products with possible modifications and range increases is also...

This question belongs to Management Strategic Management
Strategic Management
?

Marketing current products with possible modifications and range increases is also known as what?

Answer & Solution
Correct Answer: Option D
Marketing current products with possible modifications and range increases is also known as Market development. Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market.
Examveda
Question posted by Examveda
Community

Join the Discussion

1 Comment
Priyanka Goswami
Priyanka Goswami 5 years ago
Correct answer should be product development
Keep Learning

Related Questions on Strategic Management

Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode B. adaptive mode C. strategic mode D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level B. business level C. functional level D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies B. Policies C. Strength D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level B. Growth strategy C. corporate strategy D. functional strategy
More Related Questions on Strategic Management