Ainsworth's is a toy manufacturer based in Australia.Which of the following indicates that the company is following a market development strategy?
A) Ainsworth's introduces a line of children's clothing in Australia.
B) Ainsworth's licenses toy rights for a popular cartoon character in order to boost its sales.
C) Ainsworth's introduces its toys in the Indian and South-East Asian markets.
D) Ainsworth's enters the U.S. market with a line of children's clothing.
E) Ainsworth's develops a range of educational toys and school supplies in its current market.
Correct Answer:
Verified
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