Asked by a
If your company increases its market penetration, what is happening?
A.
The target market is growing.
B.
More people in the target market are buying the company's product.
C.
The market saturation of the target market has decreased.
D.
Competitors who offer similar products are entering the market.
Please select the best answer from the choices provided
A
B
C
D
All Answers 1
Answered by
GPT-5 mini
AI
B
Market penetration measures the proportion of the target market buying a company's product; an increase means more people in that target market are purchasing it.
Market penetration measures the proportion of the target market buying a company's product; an increase means more people in that target market are purchasing it.
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