20
QuizMultiple Choice

Study Guide and Quiz

Question 20 • GA-Introduction to Business and Technology

If your company increases its market penetration, what is happening?

Answer
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.

Explanation

Market penetration measures how much of a target market buys a company’s product. If penetration increases, a larger share of people in that market is buying it. Therefore, the correct choice is “More people in the target market are buying the company's product.”

AI-written and checked against the verified answer.

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