Market Development Differs from Market Penetration in That Market Development

question 38

Multiple Choice

Market development differs from market penetration in that market development:

• A) involves trying to sell existing products within new markets.
• B) involves gaining additional share of existing markets using existing products.
• C) involves creating new products to serve existing markets.
• D) involves the joining of two similarly-sized companies into one company.
• E) involves entering a new value chain.

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Definitions:

Mental Illness

A broad range of conditions that affect mood, thinking, and behavior, impacting an individual's ability to function.

Genetically Transmitted

Refers to the passing of traits or conditions from parents to offspring through their genes.

Frotteurism

A sexual disorder characterized by a person achieving sexual arousal and gratification by rubbing against a non-consenting person.

Exhibitionism

A sexual disorder characterized by an intense urge to expose one's genitals to an unsuspecting stranger for sexual gratification.