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A market development strategy may involve creating new uses for old products to stimulate additional sales among existing customers, while also bringing in new buyers a. True b. False
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A market development strategy may involve creating new uses for old products to stimulate additional sales among existing customers, while also bringing in new buyers

a. True
b. False

User Deepak Gunasekaran
by
5.3k points

1 Answer

2 votes

Answer:

The correct answer is A. True.

Step-by-step explanation:

Yes, it is a valid and accepted practice in macroeconomic terms. The basic premise of the goods and services market is to attract more buyers in order to maximize profits, and offering new products is an action that leads to that purpose.

User Cdagli
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