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Delta Motors,an American Multinational Automaker,was the First Company to Develop

question 43

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Delta Motors,an American multinational automaker,was the first company to develop an affordable electric car.Delta Motors aimed to diversify its growth by launching an environment-friendly,affordable electric car.Which of the following offensive strategies is Delta Motors pursuing?


Definitions:

Long-term Debt

Refers to loans or borrowed capital that is repaid over a time frame longer than one year.

Prototype Financing

The process of securing funds to design, build, and test a prototype before mass production, critical in the development of new products or technologies.

Capital Provided

This term denotes funds given to a company or project by investors or lenders for the purpose of financing operations, growth, or investments.

First-stage

An initial phase or period in a multi-stage process, often indicating the beginning steps in a project or strategy.

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