When AT and T advertises in The Wall Street Journal that smartphones using its technology can make calls from more than 200 countries in the world, which market opportunity is AT and T pursuing?

Question

Quizplus · Accepted Answer

AT&T is pursuing market development by expanding its product offering (smartphones) to new geographic markets (200+ countries). Market penetration would involve increasing sales of existing products in existing markets, product development would involve creating new products for existing markets, and diversification would involve entering new and unrelated markets.

When AT and T Advertises in the Wall Street Journal