MKTG 022 global marketing
Arkansas State University
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Exam (elaborations)
GLOBAL MARKETING MKTG 022 A+ GRADED
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---552May 20212020/2021A+
- 1)	The market development strategy involves seeking new customers by introducing existing products or services to a new market segment. 
Answer: TRUE Difficulty: Easy Chapter LO: 1 
AACSB: Reflective thinking 
Course LO: Discuss the fundamental concepts of marketing 
 
2)	Starbucks is building on its loyalty card and rewards program in the United States with a smartphone app that enables customers to pay for purchases electronically. This is an example of Market Penetration. 
Answer: TRUE Diffic...
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