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CL Inc.

CL Inc., an L.A.-based shoe manufacturer, develops a ready-to-wear clothing line and markets it in Britain. The company creates a completely new brand image for its clothing line as well. In this scenario, CL Inc. is using a _____ strategy.

A.

market development

B.

product development

C.

market penetration

D.

product penetration

E.

diversification

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