Greenmax's CEO argues that international sales are vitally needed for the company to grow its market. Which of the following, if true, best supports her position?

A) Greenmax has found success with the fastest-growing market segment of energy drink consumers in the United States.
B) Greenmax has expanded beyond its original signature energy drink to offer several different varieties.
C) Greenmax's advertising campaigns have been well received in the United States among its target market.
D) Greenmax has not been able to significantly grow its market share in the United States past a certain point.
E) Foreign markets have historically been less receptive to energy drinks than U.S. markets.


Answer: D
Explanation: D) If Greenmax has reached the maximum of its potential market share in the United States, then it makes sense for the company to try to expand its market overseas. Choice A suggests that Greenmax has the potential to dramatically increase domestic sales, which weakens the CEO's contention that expanding in foreign countries is necessary to increase its market share. The number of Greenmax's products (Choice B) and the success of its domestic ad campaign (Choice C) may be factors in the company's overall success, but they're not crucial determinants in whether Greenmax needs to grow its market into foreign countries. The lousy foreign market for energy drinks noted in Choice E weakens the CEO's case that attempting to expand into those markets is a good idea.

Business

You might also like to view...

At the operational level, employees are continuously evaluating company operations to hone the firm's abilities to identify, adapt to, and leverage change.

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

Business

For a principal to be liable for contracts that an agent signs on their behalf there must be a clear written agreement between the principal and the agent

Indicate whether the statement is true or false

Business

The protocol that is used for Internet telephony is__________

A) Voice over Internet Protocol B) Post Office Protocol C) User Datagram Protocol D) Interactive Mail Access Protocol

Business

High availability occurs when a system is continuously operational at all times.

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

Business