jcotto4081 jcotto4081

30-01-2020
Business

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A firm seeking a growth strategy designed to increase sales of existing products to current customers, nonusers, and users of competitive brands in served markets would utilize which of the following marketing strategies? A. Market development B. Market penetration C. Control D. Diversification E. Product development

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kaympoey08 kaympoey08

30-01-2020

Answer:

The correct answer is B Market penetration

Explanation:

Market penetration strategy is one of the four growth strategies and it involves focusing on selling your existing products or services into your existing markets to gain a higher market share.

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