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Three statements are given below: Statement–I: Introducing an existing product in the new market is called market development. Statement–II: Introducing a new product in the existing market is called diversification. Statement–III: Introducing an existing product in the existing market is called market penetration.Choose the correct option about the statements from among the options given below:

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1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


Three statements are given below: <br /> Statement–I: Introducing an existing product in the new market is called market development.<br /> Statement–II: Introducing a new product in the existing market is called diversification.<br /> Statement–III: Introducing an existing product in the existing market is called market penetration.<br />Choose the correct option about the statements from among the options given below:






 
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