RON IncIs a Company That Manufactures Home Appliances

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 division is expected to attract a new range of customers.In this scenario, the company applies the strategy of:

A) market development.
B) diversification.
C) market penetration.
D) intensification.
E) product development.