Frank Patterson owns a chain of barbershops that started near Atlanta and has expanded into northern Florida, South Carolina, North Carolina, and West Virginia. Frank is growing his company via a strategy of:
A) geographic expansion
B) market penetration
C) product line extension
D) outsourcing
E) licensing

Question

Quizplus · Accepted Answer

Frank Patterson is expanding his company by opening new locations in different geographic areas, which is known as geographic expansion.

Frank Patterson Owns a Chain of Barbershops That Started near Atlanta