Expanding a company's product offering into global markets is an example of a(n) _______________ strategy.
A) cost leadership
B) differentiation
C) growth
D) alliance

Question

Quizplus · Accepted Answer

Expanding a company's product offering into global markets is a growth strategy, as it involves expanding the company's market presence and increasing its revenue potential through new sales opportunities. Cost leadership, differentiation, and alliance strategies may also be involved in the company's overall strategy, but they are not specifically related to expanding product offerings into global markets.

Expanding a Company's Product Offering into Global Markets Is an Example