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:

Activity-Based Costing

An accounting method that assigns costs to products or services based on the activities they require, aiming to provide more accurate cost information.

Product L3

Denotes another distinct product or model within a company's merchandise or production lineup, serving as a specific reference to differentiate it from other items.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the amount of activities they use.

Activity-Based Costing

An accounting method that identifies the activities that a firm performs and then assigns indirect costs to products based on the benefit received from those activities.