A donut shop chain opened its first store outside of North America with the opening of a shop in Australia. The donut company used a ________ strategy.

Name: A donut shop chain opened its first store outside of North America with the opening of a shop in Australia. The donut company used a ________ strategy.
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Question

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Market development involves introducing existing products into new markets. In this case, the donut shop chain is introducing its existing products into a new market (Australia).

A Donut Shop Chain Opened Its First Store Outside of North