Yard Whimzees,a Statesboro,Georgia sign business,began by making wooden signs for residential use to announce births,anniversaries,and such.The company then turned to the business market by making signs for businesses.Creating signs for a new market is an implementation of a _____ strategy.
A) market development
B) market penetration
C) product penetration
D) product development
E) diversification
Correct Answer:
Verified
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