📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Massachusetts-based BJ's Wholesale (third in sales among

    members-only retail chains) recently opened its first stores in Georgia in 2012. This is an example of:
    A market penetration. Correct Answer Incorrect Answer
    B market development. Correct Answer Incorrect Answer
    C product development. Correct Answer Incorrect Answer
    D diversification. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Market development is the process of taking present products to new markets.

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call