Ren's Cakes, a Bakery, Is Extremely Successful and Is Always

question 23

Multiple Choice

Ren's Cakes, a bakery, is extremely successful and is always full of customers in the location it is currently set up in. It wants to increase its profitability, and it believes that opening up more bakeries in the country will be the best way to go about it. Which of the following grand strategies is Ren's Cakes planning to use in this scenario?

• A) The stability strategy
• B) The retrenchment strategy
• C) The growth strategy
• D) The acquisition strategy

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Definitions:

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The 41st President of the United States (1989-1993) known for leading the country during the end of the Cold War and the Gulf War.

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Panama

A country in Central America, known for its significant geographic feature, the Panama Canal, which connects the Atlantic and Pacific Oceans.