Ask Question
BusinessBusiness
23 July, 16:59

NutriPro has many business divisions. One of its business divisions has a large customer base for its breakfast cereal in Oriel. NutriPro's other business division sells cookies in Lanslot. NutriPro has now introduced its cookies in Oriel. To ensure good sales, the company is also offering discounts. Which of the following strategies is illustrated in this scenario?

a. Restraint of trade

b. Self-dealing

c. Market penetration

d. Divestment

+4
Answers (1)
  1. 23 July, 18:59
    0
    The correct option is: c. Market penetration

    Explanation:

    Market penetration is a strategy which involves successfully selling the products or services to the existing market in order to gain higher market share. It involves selling more products to the existing customers and also attracting and selling products to new customers.

    This can be accomplished by competitive pricing, penetration pricing, giving discounts or increasing the marketing communications.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “NutriPro has many business divisions. One of its business divisions has a large customer base for its breakfast cereal in Oriel. NutriPro's ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The following data is available for Blaine Corporation at December 31, 2012: Common stock, par $10 (authorized 25,000 shares) $200,000 Treasury Stock (at cost $15 per share) 900 Based on the data, how many shares of common stock are a) outstanding,
Answers (1)
Suppose a network manager wanted to query the value of the number of tcp segments received by a host running the microsoft windows 2000 operating system in a us-based company.
Answers (1)
A rational decisionmaker takes an action if and only if the marginal cost exceeds the marginal benefit. a. True b. False
Answers (2)
True or False: One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors.
Answers (1)
The Federal Reserve Bank of New York is always a voting member of the FOMC because A. it carries out the policy directives of the FOMC. B. it always has an employee as a member of the Board of Governors. C.
Answers (1)
New Questions in Business
The individual with the highest valuation of the good will win in which of the following auctions? A. Sealed Bid Auction B. English Auction C. Dutch Auction D. All of the above.
Answers (1)
Explain how banks can create money.
Answers (1)
A city acquires a 10-foot strip of a property owner's land for a public walking trail. the owner's home is not affected and she is able to use the land. is the homeowner eligible for compensation?
Answers (1)
A company uses the newsvendor model to manage its inventories and faces normally distributed demand with a coefficient of variation of 0.75. The company decides to order a quantity that exactly equals the mean of its demand forecast.
Answers (1)
Which of the following types of advertisements is particularly expensive 1: Internet Ads 2: Newspaper Ads 3: TV infomercials 4: Radio ads
Answers (2)
Home » Business » NutriPro has many business divisions. One of its business divisions has a large customer base for its breakfast cereal in Oriel. NutriPro's other business division sells cookies in Lanslot. NutriPro has now introduced its cookies in Oriel.
Sign Up Forgot Password?