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Vans Shoes appears to refresh its product line yearly with different designs and multiple collaborations. It appears that the average Vans consumer responds positively to

Vans Shoes appears to refresh its product line yearly with different designs and multiple collaborations. It appears that the average Vans consumer responds positively to these new items as they tend to purchase more of these innovative designs. Vans' introduction of new designs is an example of what growth strategy?

a. Market penetration

b. Product development

c. Diversification

d. Market development

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