In Developing Trails for Hiking and Biking to Bring Its

question 218

Multiple Choice

In developing trails for hiking and biking to bring its winter ski customers back in the summer, Mountain High Ski Resort is pursuing what type of opportunity?

• A) Channel penetration.
• B) Diversification.
• C) Product development.
• D) Market development.
• E) Market penetration.

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Definitions:

Check Register

A record maintained by the account holder documenting checks written, deposits made, and the current balance of a checking account.

Cash Balance

The total amount of money in the form of cash or cash equivalents that a company or an individual possesses at a given time.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific amount of money from the writer's account to the person or entity in whose name the check has been issued.

Bakers' Company

An organization or guild historically associated with bakers, often involved in regulating the baking trade.