Trendz Inc.is a leading brand of fashion clothing and accessories based in Hong Kong.After gaining a strong foothold in Hong Kong,the company wants to foray into foreign markets.The management at Trends knows that people residing in other countries are likely to have different tastes and preferences,so they may have to redesign some of their offerings.Which of the following strategies is Trendz using?
A) market-penetration strategy
B) outsourcing strategy
C) geographical-expansion strategy
D) product differentiation strategy
E) ethnocentric strategy
Correct Answer:
Verified
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