New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    When a company decides to have a market presence in more

    than 100 countries, even if they are not profitable, their growth strategy is _________.
    A market penetration Correct Answer Incorrect Answer
    B product development Correct Answer Incorrect Answer
    C diversification Correct Answer Incorrect Answer
    D market development Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    It also grows by constantly launching new products to meet the changing needs of its' customers. The company also continues to develop new markets (market development) with a presence in over 100 countries.

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