________ Strategies Emphasize Both New Products and New Markets to Achieve

question 81

Multiple Choice

________ strategies emphasize both new products and new markets to achieve growth.

• A) Diversification
• B) Market penetration
• C) Market development
• D) Product development
• E) Cash cow

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Definitions:

Trustee In Bankruptcy

The licensed professional appointed to administer the estate of a bankrupt for the benefit of the creditors.

Guarantee

A formal assurance or promise that certain conditions will be fulfilled, including products meeting specific standards or services being satisfactorily rendered.

Repossess

The act of taking back property by a seller or lender from the buyer or borrower, usually due to failure in payment.

Security Registered

Refers to financial securities that are registered with regulatory bodies and recorded in the named investor's name.