Question

Cheese manufacturer Ashe Mountain Corp. started a new chain of movie theaters called Ashe Mountain's Movie World. The theaters have been a major success and significantly increased the revenues of Ashe Mountain Corp. This is an example of:___________________.A. DiversificationB. Market developmentC. Product penetrationD. DifferentiationE. Market penetration

Answer 1

A. Diversification

Step-by-step explanation:

• The diversification is a process by which the allocation of the spatial in a way that exposes to many one particular risk and can reduce them and slow down the violated by investing in a variety of assets and thus the cheese manufactured started a new chain of the movie world and led to the significant increase of the revenues.