Multiple Choice
RON Inc.is a company that manufactures home appliances.The company has established a wide retail network to sell its products.As part of its growth strategy, the company launches a new subsidiary that manufactures office furniture.This is an example of the strategy.
A) market development
B) diversification
C) market penetration
D) product intensification
E) product development
Correct Answer:
Verified
Correct Answer:
Verified
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