Product expansion is a strategy whose goal is growth, based on:

Product expansion is a strategy whose goal is growth, based on: 





A. selling more of the firm's product or service to the existing customer base.

B. selling in areas or to groups previously not served by the business.

C. selling existing customers a product or service they have never bought before.

D. adding new products or services to the firm's existing collection of offerings.


Answer: C. selling existing customers a product or service they have never bought before.


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