Which of the following is true according to Theodore Levitt? R&D is into existin

Question

Which of the following is true according to Theodore Levitt? R&D is into existing products insures growth. Sustained growth depends on how broadly you define your business. Increasing the efficiency of product development insures growth. Population growth will insure corporate growth Which of the following is true according to Theodore Levitt? R&D is into existing products insures growth. Sustained growth depends on how broadly you define your business. Increasing the efficiency of product development insures growth. Population growth will insure corporate growth R&D is into existing products insures growth. Sustained growth depends on how broadly you define your business. Increasing the efficiency of product development insures growth. Population growth will insure corporate growth R&D is into existing products insures growth. Sustained growth depends on how broadly you define your business. Increasing the efficiency of product development insures growth. Population growth will insure corporate growth R&D is into existing products insures growth.

Explanation / Answer

According to Theodore Levitt, sustained growth depends on how broadly you define your business and how carefully you gauge your customers' needs.

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