Ecobean, a chain of cafes, has introduced a Special Shopper Card that allows customers to pay in advance for coffee and snacks. This effort by EcoBean management is most likely an example of______.

Ecobean, a chain of cafes, has introduced a Special Shopper Card that allows customers to pay in advance for coffee and snacks. This effort by EcoBean management is most likely an example of______.


a. diversification
b. product adaptation
c. market development
d. product development
e. market penetration


Answer: E. market penetration


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