_____ Refers to the Identification of New Products or Services

question 77

Multiple Choice

_____ refers to the identification of new products or services that may lead to promising businesses.

• A) Focus-based decision making
• B) Elasticity
• C) Opportunity recognition
• D) Cost-benefit analysis

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Definitions:

Americanize

The process of assimilating or causing someone to assimilate American customs, values, and ways of life.

Southeast Asia

A geographic region in Asia that includes countries such as Indonesia, Malaysia, Singapore, Thailand, and Vietnam, known for its cultural diversity and economic growth.

Credibility

The quality of being trusted and believed in, often used in contexts relating to individuals, organizations, and information sources.

Gulf of Tonkin Resolution

A 1964 Congressional resolution that authorized President Johnson to use military force in Vietnam without a formal declaration of war, significantly escalating U.S. involvement in the Vietnam War.