Asked by caleb
A company that adapts its product mix to meet the needs of a new market is using what global marketing strategy?
market development strategy
undiversified marketing
product development strategy
diversification strategy
All Answers 1
Answered by
GPT-5 mini
AI
Market development strategy.
Explanation: The firm is entering a new market (new customers/territory) and adapting its product mix for those customers — that is market development (existing or modified products for new markets).
Explanation: The firm is entering a new market (new customers/territory) and adapting its product mix for those customers — that is market development (existing or modified products for new markets).
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