Webber Enterprises sells its business language dictionary to college students throughout the united states. Joseph Webber, the owner, wants to start selling the book to international students abroad. Webber wants to pursue a _______ growth strategy A. Product Proliferation B. Market development C. Market penetration D. Diversification E. Product development
Option B (Market development) would be the correct choice.
Explanation:
Market or business development seems to be a crucial technique an organization is taking to expand the current business rather than just to compete for something like a new one. The organization is searching for potential customers to sell the commodity into another market group in an attempt to boost revenue.
This would be one where administration aims that will further advancement as well as accomplish company growth, throughout the field of production, financial infrastructure respectively.
The other options in question weren’t relevant to the particular circumstance. So the above will be the correct one.
