ToyBox is a toy manufacturer based in the United Kingdom. Which of the following indicates that the company is following a market penetration strategy?
A) It introduces a line of children's clothing in the United Kingdom.
B) It acquires toy rights for a popular cartoon character to boost its sales.
C) It introduces its toys in the Indian and South-East Asian markets.
D) It enters the U.S. market with a line of children's clothing.
E) It develops a new line of educational software targeted at the current market.
B
You might also like to view...
In terms of ethnic and racial makeup, why is the United States today more accurately characterized as a "salad bowl" than a "melting pot"?
What will be an ideal response?
Name and explain the three characteristics of mindfulness.
What will be an ideal response?
Your firm has expertise with a special type of hand-finished furniture. The learning curve is known to be 82%. If the first piece of furniture took 6 hours, how long will it take to make the second? How long will it take to make the fourth?
What will be an ideal response?
The beef jerky driver shows up every Monday to take orders from his convenience store customers
One fine Monday morning he stops in the Quik-E Mart and notes that there are only three sticks on the shelves. Consulting his route sheet, he discovers that the restocking level is 40. The order quantity is therefore: A) 3 sticks. B) 37 sticks. C) 40 sticks. D) Cannot be determined with the information given.