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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?
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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