_____ is a strategy whose goal is growth, based on selling in areas or to groups previously not served by the business. A. Market penetrationB. Market expansionC. Product expansionD. Diversification

Respuesta :

Answer:

B. Market expansion

Explanation:

The answer is in the question... if you analyze it a bit.

The question is talking about  "selling in areas or to groups ", that's a definition of a market (not a product as suggested by answer choice C).

Then it mentions "previously not served by the business.", so we know it's a market where the business didn't sell before... going into that market is an expansion of the business.

So, overall, we're talking about a market expansion.

Market penetration is a measure on how well you do in a given market, this company didn't sell at all in that market, so it's not just an increase of the penetration.

Product expansion would be adding new models to a product line.

Diversification would mostly be creating new products, in other niches.