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Why Is Market Penetration Considered the Least Risky of the Strategic

Question 17

Multiple Choice

Why is market penetration considered the least risky of the strategic directions?


A) The competition is known to the firm.
B) The business has knowledge of its existing markets and is selling a proven product.
C) The business has existing skills in developing new products for the market.
D) Mature markets exhibit little dynamic change.

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