The highest risk strategy of the product/market expansion grid is?Group of answer choicesMarket PentrationDiversificationMarket DevelopmentProduct Development
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Solution 1
The highest risk strategy of the product/market expansion grid is Diversification. This strategy involves both new products and new markets. It is the most risky strategy because it requires both product and market development and may mean stepping out of the company's core competencies. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI
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