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One Way a Company Can Benefit from Implementing a Market

Question 204

Multiple Choice

One way a company can benefit from implementing a market penetration strategy would be to


A) sell more products at a lower price in new markets.
B) sell the same amount of product at a higher price in the same market.
C) find a new market and sell the product at a much higher price.
D) alter the product and sell it to a new market.
E) reduce promotion and distribution costs to improve production efficiencies for the product in reaching new markets.

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