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Due to Several Recent Late Spring Freezes,orange Growers in Florida

Question 22

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Due to several recent late spring freezes,orange growers in Florida have lost millions of dollars.As a result,some growers have decided to bulldoze their orange groves and put in freshwater lakes for raising shrimp,a product that has a strong popularity and is more weather-resistant.Former orange growers who are now raising shrimp are pursuing a _____ strategy.


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

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