The reason for this is because they have developed a two way investment relationship. They also have conducted a free trade agreement. China is importing goods from Australia because they need Coal and Oil and Australia provides them with their needs and wants.
It’s a I promise I did the test!!
Answer:
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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.
