As a Business Practice, Broadening Involves ________

question 157

Multiple Choice

As a business practice, broadening involves ________.

• A) acquiring or merging with firms in the same or complementary industries to gain economies of scale and scope
• B) factoring the interests of customers, employees, shareholders, and other stakeholders into the activities of the enterprise
• C) buying more goods and services from outside domestic or foreign vendors
• D) appointing teams to manage customer-value-building processes and break down walls between departments
• E) becoming more accountable by measuring, analyzing, and documenting the effects of marketing actions

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Definitions:

Overcrowded

Being filled beyond capacity, often leading to a situation of excessive crowding or congestion.

Boarded-up Buildings

Structures that have been closed off with boards over windows and doorways, typically indicating abandonment or disrepair.

Neighborhood Context

The social and physical environment of a community, including its demographics, resources, and characteristics, which influences the behavior and development of its residents.

Stereotypical Social Roles

Stereotypical social roles are generalized views or preconceived ideas about how people of a certain gender, age, ethnicity, or social group should behave, based on societal norms and expectations.