Agrowth strategy that offers a new product or service to a firm's current target market.

Product Development Strategy

Explanation:

According to my research on different types of growth strategies, I can say that based on the information provided within the question the strategy being defined is called a Product Development Strategy. Like mentioned in the question this strategy focuses on creating and offering a brand new product and/or adjusting old products so that they classify as new, to the market that the company is already doing business in.

I hope this answered your question. If you have any more questions feel free to ask away at .

all freedom fighters demanded for constitution. so british finally granted india it's freedom. then a constituent assembly was formed. it's chair man was rajendra prasad and its deputy chairman was dr. br ambedkar.

this assembly take the time of about one year than our constitution was finally formed.

explanation: