Question $50(1$ point$)$

Greyzone, a company that creates customized household furniture, is based in

Terrania and is looking to enter other countries as well. The company identifies the

country of Nyevka as a good option because the entry barriers for new companies

are low in Nyevka. Which statement indicates that Greyzone follows a diversification

strategy?

A$)$ Noting that production costs are lower in Nyevka, Greyzone shifts its

production operations entirely to Nyevka.

B$)$ Greyzone leaves the Terranian market entirely in order to establish itself in

the Nyevkan market with its current products.

C$)$ Greyzone does not modify its products for the Nyevkan market.

D$)$ Greyzone manufactures furniture in Terrania and ships it to Nyevka without

setting up outlets in Nyevka.

E$)$ Noting that Nyevka lacks well$-$established suppliers of office equipment,

Greyzone begins to manufacture and supply office equipment.