One Way a Company Can Benefit from Implementing a Market

question 146

Multiple Choice

One way a company can benefit from implementing a market penetration strategy would be to

• A) sell more products at a lower price in new markets.
• B) sell the same amount of product at a higher price in the same market.
• C) find a new market and sell the product at a much higher price.
• D) alter the product and sell it to a new market.
• E) reduce promotion and distribution costs to improve production efficiencies for the product in reaching new markets.

---

Definitions:

Unsolicited Proposal

A proposal or offer made without a prior request, often aiming to solve a problem or provide a solution unasked for.

Recipient's Organization

The structured system or arrangement within which the receiver of a message or item operates.

Factors

Elements or circumstances that contribute to a result or situation.

Formal Proposal

A detailed document submitted to offer solutions or services to a potential client, often following specific guidelines and structure.