The Cherry Company decides that it needs to get its customers to buy more of its existing candy products. The company is adopting what kind of growth strategy?

The Cherry Company decides that it needs to get its customers to buy more of its existing candy products. The company is adopting what kind of growth strategy?



(A) Penetration
(B) Diversification
(C) Market development
(D) Product development
(E) Flank attack


Answer: One aspect of penetration strategy is to get existing customers to buy more product, so choice A is correct.


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