Which of the following is an example of a market penetration growth opportunity?
A) Opening new stores in new geographical markets
B) Changing the brand name to appeal to newer market segments
C) Keeping existing stores open for longer hours
D) Opening new stores to cater to a different demographic segment
E) Changing the brand name in new geographical markets

Question

Quizplus · Accepted Answer

Market penetration approaches include opening more stores in the target market and/or keeping existing stores open for longer hours.

Which of the Following Is an Example of a Market