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Management · Q242

Strategic Management

Graduate and Post Graduate · Management · question 242

Q242

Which of the following is not a key theme in market development?

A.
Identifying new uses for existing products and services
B.
Strategic positioning
C.
Developing new products for new markets and segments
Answer
D.
Identifying new markets and segments

Answer: Option C

Solution

Answer: Option C
Solution:
Developing new products for new markets and segments is not a key theme in market development. New product development (NPD) is the process of bringing a new product to the marketplace.