Scenario: TeleToys Inc.
TeleToys Inc., a U.S.-based company, recently opened eighteen new toy stores in Brazil, acquired a women's clothing company in Canada, and closed its men's clothing line in Australia. The company has a structure that organizes its global operations into geographic regions.
-TeleToys recently opened eighteen new toy stores in Brazil.This move can best be described as a ________ strategy.

Question

Quizplus · Accepted Answer

Opening new stores in a new market is a growth strategy. This move indicates that TeleToys is expanding its operations and seeking to increase its market share in Brazil.

Scenario: TeleToys Inc. TeleToys Inc., a U.S.-Based Company, Recently Opened Eighteen New Toy