Answer to Question #218995 in Management for Paballo

Question

Tsogo Sun has invested in projects totalling US$ 100 million in Nigeria and Mozambique and 

continues to look for opportunities to add to their businesses in these regions to expand their 

market offering. This is an example of a __________________ corporate growth strategy. 

1 diversification

2 market development

3 product development

4 turnaround

Answer 1

The answer is 1. (Diversification).