Trec Bikes has developed an entirely new mounting system for bicycles to be mounted on cars.Although it is a Singapore company,through the acquisition of a distributor it now has the ability to market its products nationwide.Trec Bikes is most likely following a ________ strategy.
A) market penetration
B) market development
C) downsizing
D) divesting
E) product development

Question

Quizplus · Accepted Answer

Trec Bikes is expanding its market by acquiring a distributor that can help it market its products nationwide, which suggests a market development strategy.

Trec Bikes Has Developed an Entirely New Mounting System for Bicycles