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Globalization of a company’s products and services can be categorized as:Multiple ChoiceProduct developmentMarket developmentMarket penetrationDiversificationSkimmi

Question

Globalization of a company’s products and services can be categorized as:Multiple ChoiceProduct developmentMarket developmentMarket penetrationDiversificationSkimmi

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Solution

The globalization of a company's products and services can be categorized as Market Development. This strategy involves the company trying to expand into new markets (geographical or demographic) to gain more customers and increase its revenue.

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