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QUESTION

Ryan has inherited the family crab shack restaurant on the boardwalk in Wildwood. The restaurant is a small, local institution that beach visitors have been coming to for decades. They are open from 9

Ryan has inherited the family crab shack restaurant on the boardwalk in Wildwood. The restaurant is a small, local institution that beach visitors have been coming to for decades. They are open from 9am- 10pm. Ryan wants to grow his business and is considering either a market penetration or market development strategy.  

Discuss both strategies in terms of how Ryan will grow his business with either strategy.  Which strategy will you recommend to Ryan?

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