Two Major Ways for a Company to Benefit from Taking

question 157

Multiple Choice

Two major ways for a company to benefit from taking a market penetration approach would be

• A)sell more product at the same price or sell the same amount of product at a lower price.
• B)sell more product at the same price or sell the same amount of product at a higher price.
• C)find a new market and sell the product at a much higher price.
• D)alter the product and sell it to a different market.
• E)charge a higher price but reduce the quantity distributed.

---

Definitions:

Intrinsic Motives

The drive to engage in activities for their own sake, for the enjoyment or challenge they provide, rather than for some external reward.

Work Ethic

A set of values centered on the importance of hard work and diligence, often associated with a positive attitude towards labor and a commitment to achieving task-related goals.

Career Development

A lifelong process of learning and work-related activities intended to bring about a fulfilling career path.

Intrinsic Reasons

Motivations that come from within an individual, such as personal satisfaction or enjoyment.