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Management · Q346

Marketing

Graduate and Post Graduate · Management · question 346

Q346

Statement I A low market penetration index indicates substantial growth potential for all the firms. Statement II Generally, price competition increases and margins fall when the market penetration index is already high.

A.
Both statements are correct
Answer
B.
Both statements are incorrect
C.
Statement I is correct while Statement II is incorrect
D.
Statement I is incorrect while Statement II is correct

Answer: Option A

Solution

Answer: Option A
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