Spin Master is a successful Canadian toy manufacturer. Which of the following indicates that the company is following a market penetration strategy?
A) It introduces a line of children's clothing in the United Kingdom.
B) It develops a new line of educational software targeted at the current market.
C) It acquires toy rights for a popular cartoon character to boost its sales.
D) It introduces toy products in the Indian and Southeast Asian markets.
E) It enters the U.S. market with a line of children's clothing.
Correct Answer:
Verified
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