Which of the Following Is an Example of Growth by Diversification

question 139

Multiple Choice

Which of the following is an example of growth by diversification?

• A) a company introducing its existing products in a new market
• B) a company introducing new product category in a new market
• C) a company increases its product line in an existing market
• D) a company introducing a new product category in an existing market
• E) a company integrates backward to cut costs

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Definitions:

Process Spread

Process spread refers to the variability within a process, often measured to assess the consistency of output over time.

Monitor

To regularly observe or check something over a period of time for the purpose of keeping track of its state or progress.

Compressive Strength

A property of material that measures its ability to withstand loads that tend to reduce size, crucial in evaluating the performance of materials in structure.

Injection Molding

A technique for fabricating items by injecting heated material into a specific shaped cavity, essential in mass production of plastic items.