Business Studies, asked by yahiyaalthaf312, 8 months ago

introducing a new product in an existing market is known as?​

Answers

Answered by vasantha2582
2

Answer:

It is named after Russian American Igor Ansoff, who made the idea. In market penetration system, the association attempts to develop utilizing its current contributions (items and administrations) in existing markets. As it were, it endeavors to build its piece of the pie in current market scenario.

Answered by pmanjula2004
2

Answer:

Introducing a new product is known as ANSOFF MATRIX

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