Question: Question 2 ( 1 point ) Sweet Leaf Tea, a Texas - based maker of bottled iced tea, is a small but fast - growing
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Sweet Leaf Tea, a Texasbased maker of bottled iced tea, is a small but fastgrowing firm that has gained a loyal following for its use of fresh, organic ingredients in its beverages. Although beverage industry experts recommended that Sweet Leaf replace the organic cane sugar and honey it uses with less costly highfructose corn syrup, Sweet Leaf refused because of the company's mission to provide a highquality, organic beverage to consumers. The year old company has employees, and its products are available in of the US market. Sweet Leaf Tea recently received multimilliondollar investments which will enable the business to expand its national presence. Which one of the following, if true, would best support the argument that Sweet Leaf Tea should implement a corporatelevel strategy of concentration?
a Sweet Leaf Tea can develop a national name by adding new product lines, such as organic snack foods and organic coffee.
b Sweet Leaf Tea's marketing research indicates that customers would purchase the organic beverages more frequently if the prices were
c Market data suggests that customers really only want the tea itself, not related products.
d Sweet Leaf Tea's competitors primarily focus their marketing and distribution efforts on regional grocerystore chains rather than big box national retailers.
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