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After Finishing His Marketing Degree,Ryan Inherited the Family Shrimp Shack

Question 136

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

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If Ryan pursues a market penetration str...

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