During a routine market study conducted by CL Foods, it was noted that Chinese and Indian food products were in high demand in American society. In order to take advantage of such a demand, CL Foods manufactured and sold these food items locally. In this scenario, the company is taking advantage of a _____.
A)market opportunity
B)market aggregation
C)market assimilation
D)marketing buzz
E)market threat

Question

Quizplus · Accepted Answer

CL Foods is taking advantage of a market opportunity by identifying a high demand for Chinese and Indian food products in American society and manufacturing and selling these items locally.

During a Routine Market Study Conducted by CL Foods, It