FIGURE 2-7 
-See Figure 2-7 above.A small family owned gelato business is the town's favorite place for parents and children to stop on their way home from work or school.However, the business owner is barely making ends meet.He experiments by purchasing a refrigerated cart and takes it to the local ball fields where he sells the gelato to the teams and their fans.Profits begin to rise.This is an example of a __________ strategy that would be found in box _________.
A) market penetration; A
B) product development; B
C) market development; C
D) diversification; D
E) market reversal; D
Correct Answer:
Verified
Q200: The marketing strategy to sell existing products
Q201: Situation analysis requires a firm to consider
Q202: Step two in the planning phase of
Q203: FIGURE 2-7 Q204: Taking stock of where the firm or![]()