Canada's Wonderland is identifying and developing new markets for its current theme parks. Canada's Wonderland is exploring possibilities for ________.
A)market penetration
B)market development
C)downsizing
D)diversification
E)product development

Question

Quizplus · Accepted Answer

Market development involves identifying and developing new markets for existing products or services. This is exactly what Canada's Wonderland is doing by exploring possibilities for new markets for its current theme parks.

Canada's Wonderland Is Identifying and Developing New Markets for Its