A Donut Shop Chain Opened Its First Store Outside of North

question 14

Multiple Choice

A donut shop chain opened its first store outside of North America with the opening of a shop in Australia. The donut company used a ________ strategy.

• A) market development
• B) product penetration
• C) market penetration
• D) cash cow
• E) product development

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Definitions:

Weighted Average

An average in which each quantity to be averaged is assigned a weight, reflecting its importance or frequency relative to other quantities.

Market Value

The transaction value at which a service or asset is currently listed in the market.

Corporate Tax Rate

The portion of a company's earnings that is handed over to the government in the form of taxes.