Strategy of introducing new product in existing market is classified as? Market development Market penetration Product development Diversification Right Answer: Product development Share : February 28, 2018 Asghar Khan Marketing Total 0 Votes: 0 0 Tell us how can we improve this Mcqs? Captcha: + = Verify Human or Spambot ? Related Mcqs Check Below -Sales forecasts are based on estimates of? Considering competitive positions, firm other than market leader who is fighting hard in its industry to increase market share is classified as?Considering competitive positions, company which serves small customer segments that remain ignored by other companies in industry is classified as?