Which of the following is associated with the market development strategy?
a. limiting the production of products
b. increasing the prices of products
c. adding new features to products
d. limiting resources used for promotion

Option (c) is correct

From the given option the following is associated with the market development strategy: Adding new features to products.

Market development refers to the technique under growth strategy that visualize and establish new market segments for their products. This terminology targets non-buying individuals in targeted segments. This also targets new individuals in new segments.

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

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