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Question 4 of 5 0 A furniture retailer wanted to grow but not open too many new stores. The company started opening boutique hotels instead.
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A furniture retailer wanted to grow but not open too many new stores. The company started opening boutique hotels instead. A management and development company operated the hotels, but the furniture company handled the interiors. Guests could then purchase furniture and decor online. This example shows that the furniture retailer
a decided to add new furniture items to stimulate growth
b planned to add many more stores as a growth strategy
c was thinking "outside the box" by designing a growth strategy
d bought a management company to expand its business
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