The penetration growth strategy:

A. expands the firm's product offering with complementary products.
B. focuses on developing new products for the existing market.
C. relies on taking market share from competitors.
D. aims to take new products into new markets.


Answer: C

Business

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Of the last 100 customers entering a computer shop, 40have purchased a computer. If the classical method for computing probability is used, the probability that the next customer will purchase a computer is

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