When the Internet auction company eBay opened a version of the company called eBayfrance for the French market, that was an example of market penetration.

Answer the following statement true (T) or false (F)


False

Market penetration is the strategy of selling more to the existing customers.  This is an example of a market development strategy, which is attracting new customers to existing products.

Business

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______________________________ allow the vendor to determine that the sender of the message has the authority to send it and thus prevents an unauthorized purchase

Fill in the blank(s) with correct word

Business

Which of the following is not a "tool" of the New Public Management movement?

A. privatization B. outsourcing C. centralizaton D. competition among service providers

Business

Frequently, retailers and their suppliers have divergent viewpoints that need to be reconciled

Indicate whether the statement is true or false

Business

An agreement modifying a contract for the sale of goods needs no consideration to be binding

Indicate whether the statement is true or false

Business