An organization is most likely to opt for a market development strategy to boost sales of a new product

Indicate whether the statement is true or false
a. True
b. False

ANSWER: False

Market development means attracting new customers to existing products.

Business

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What are the four stages of the service benefit package design process?

What will be an ideal response?

Business

The _____ strategy consists of a manufacturer directing personal selling, trade advertising, and trade-oriented sales promotion to wholesalers and retailers

a. forced channel b. push c. pull d. planned e. strategic channel

Business