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In case of Product/Market, the cell showing New Product and Existing Market is referred as :

In Igor Ansoff's Product-Market Growth Matrix, the strategic quadrant combining a New Product with an Existing Market is defined as Product Development.

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In case of Product/Market, the cell showing New Product and Existing Market is referred as :

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Correct answer B

In Igor Ansoff's Product-Market Growth Matrix, the strategic quadrant combining a New Product with an Existing Market is defined as Product Development.

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