Initially, cellphones had no limiters as to the regions that could be dialed or the number of different phone numbers that could be dialed. Based on this, many parents would not purchase a phone for their younger children. Next, cellphone manufacturers created phones and plans that limited the number of phone numbers programmed into the phone and no other numbers could be dialed. Only local calling would be available. Which of the following best describes the strategic growth opportunity that is being used?
A) product development
B) diversification
C) market penetration
D) market development
Correct Answer:
Verified
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