____ is concerned with expansion of market.
a) commerce
b) industry
c) research
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The industry is concerned with the expansion of the market.
Option (b) is correct.
Explanation:
- The growth of a company or industry depends on the strategy of market expansion.
- Market expansion is referred to as a business growth strategy.
- The success of a company or organization depends on the fact that has fulfilled all the existing requirements.
- Industries first need to find the feasible areas or locality to hit the maximum number of consumers in order to grow faster.
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