A ________ strategy specifies the portfolio of new products that a company will try to develop.
Understand the Problem
The question is asking what type of strategy specifies the portfolio of new products that a company will try to develop. This implies a focus on business strategy related to product management.
Answer
Product Development
The correct answer is Product Development.
Answer for screen readers
The correct answer is Product Development.
More Information
A product development strategy focuses on introducing new products to meet customer needs and drive business growth.
Tips
Confusing product development with marketing and sales strategy can lead to selecting the wrong choice. Focus on the development aspect.
Sources
- Supply Chain Management Chapter 2 - Quizlet - quizlet.com
- A strategy specifies the portfolio... | Homework.study.com - homework.study.com
AI-generated content may contain errors. Please verify critical information
Thank you for voting!
