Concerning global issues, president Wilson had strong beliefs and principles. A challenge by president Wilson establish postwar peace through Europe. His proposals were met by pessimism from both allied leaders in Europe and republicans at home. Upon suitable president Wilson chosen Josephus Daniels as secretary of the navy. Wilson sustained the under wood simmons tariff which lowered the average tariff. President Wilson's response to the sinking of the Lusitania was a series of notes demanding that Germany stop such actions and pay reparations. When president Wilson spoke of the heart of the league he refers to article X, which would pledge members to consult on military and economic sanctions against aggressors.
Answer:
Diversification Strategy
Explanation:
According to my research on different types of market strategies, I can say that based on the information provided within the question the strategy being defined is called a Diversification Strategy. Like mentioned in the question this strategy focuses on implementing a current or completely new product into a brand new market that the company has not previously marketed in.
For example, a Phone company like Samsung finds out that no other company is selling phones in Ecuador and there is a large demand for phones. Since Samsung sells phones they decide to open a store in Ecuador. Therefore, Samsung is Diversifying into Ecuador's Markets.
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