Louis 'y'uitton, a French fashion house: has decided to go into the international luxury hotel business with an investment of $1 billion fer 12 hotels and 10 resorts all opening before the end of 2025. This strategy supports consumers upping their luxury lifestyle while also supporting 'y'uitton's global growth strategy. Question 13 {1 point] This is an example of: .\" Market Deyelopment '\\___.r Product Penetration \\___/ Diyersification \\___/ Product Customization \\___/