Which of the Following Examples/descriptions Is an Example of a Market

question 26

Multiple Choice

Which of the following examples/descriptions is an example of a market expansion opportunity?

• A) La Senza (lingerie) opened La Senza Girl to attract the teen market
• B) Loblaws displaying merchandise to increase impulse purchases
• C) French based Carrefour opening new stores in new European and South America markets
• D) Best Buy offers professional services through the Geek Squad
• E) Walmart opening more stores and keeping existing stores open for longer hours

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.