JCPenney Exploited a ____________ Opportunity When It Opened JCP

question 46

Multiple Choice

JCPenney exploited a ____________ opportunity when it opened JCP.com to sell its present line of merchandise to the same target market through a new retail format.

• A)diversification
• B)market divestment
• C)market expansion
• D)retail format development
• E)market penetration

---

Definitions:

Obligations of the Debtor

Refers to the responsibilities and duties that a debtor must fulfill towards creditors, including repayment of debt.

Renewed

Made new or refreshed again.

Discharged Debt

A debt that has been deemed paid or settled, releasing the debtor from further obligations.

Primary Effect

The direct and immediate results of an action or policy, as opposed to its secondary or indirect effects.