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.

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Definitions:

Governmental Regulations

Laws and rules established by governments to control or influence business practices and operations.

Corporate Form

A form of business organization that is recognized as a separate legal entity from its owners, providing limited liability and allowing ownership to be easily transferred.

Government Regulation

The laws and rules enacted by government agencies to supervise and control activities within various industries and sectors.

Separate Legal Existence

The concept that a corporation's identity is legally distinct from its owners, thus it can own property, incur debts, and be sued in its own name.