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After Finishing His Marketing Degree, Beau Inherited the Family Shrimp

Question 123

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After finishing his marketing degree, Beau inherited the family Shrimp Shack restaurant. The restaurant is a small, local institution that beach visitors have been coming to for decades. Beau wants to make his business grow and is considering either a market penetration or market development strategy. Describe what Beau will likely do if he pursues either strategy.

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If Beau pursues a market penetration str...

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