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vladimir2022 [97]
3 years ago
6

In an attempt to increase sales, JCPenney has increased its advertising and sales promotions in its current markets, hoping to a

ttract new customers and get existing customers in the doors. Which growth strategy is JCPenney employing
Business
1 answer:
mylen [45]3 years ago
6 0

Answer: Market penetration

Explanation:

Market penetration can be defined as the comparison of the assessment of how much product has been sold relative to the total market has been estimated to be covered for that particular product. It is expressed in percentage. The market penetration can be enhanced by increasing the advertisement of the product and promoting the sales.

Hence, market penetration is the growth strategy, which JC Penney is applying.

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David, an Alabama resident, files suit in an Alabama court against QuickAds, an internet company based in Georgia that provides
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US laws do not recognize the legal existence of foreign or out of state companies, a company only exists in the state at which it was chartered. Although the internet has complicated things, since boundaries have faded, but some conditions must be met before a state court can serve a foreign company.  

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