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      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.

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