________ Explains How Services Are Distributed and Why a Regular

question 53

Multiple Choice

________ explains how services are distributed and why a regular pattern of settlements exists,at least in developed countries such as the United States.

• A) The Von Thünen model
• B) The Concentric model
• C) Central place theory
• D) The sector model
• E) The distance tolerance model

---

Definitions:

Market Development

Strategies aimed at increasing the market size for a product or service through new market segments or new geographies.

Market Penetration

A measure of the extent to which a product or service is recognized and purchased by customers within a particular market.

Market Penetration

A growth strategy where a company focuses on selling existing products within existing markets to gain a higher market share.

Product Development

The process of creating, designing, and rolling out new products or improving existing ones to meet customer needs.