Which of the Following Statements Is True Regarding Choosing Offensive

question 47

Multiple Choice

Which of the following statements is true regarding choosing offensive strategic market plans?

• A)A business with a good cash position that is facing stagnant growth in maturing markets might pursue the market penetration strategy.
• B)A market-based business will often find that it has more resources to fund market opportunities than there are market opportunities.
• C)A business with a long-run need for better profit performance would be inclined to select the share penetration strategy.
• D)The selection of one offensive strategic market plan over another depends on the business's long-run profit needs.
• E)A business has to prioritize strategic market opportunities on the basis of its performance objectives.

---

Definitions:

Newspaper Industry

Refers to the sector of the economy that is engaged in the production and distribution of newspapers, involving both print and, increasingly, digital platforms.

Shrink

The reduction in inventory due to factors such as theft, damage, or errors in record-keeping.

Output

The total amount of goods or services produced by a company or economy in a given period.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, typically resulting in the reduction of cost per unit.