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________ Occurs When a Firm Proactively Seeks to Create a New

question 7

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________ occurs when a firm proactively seeks to create a new product market position that competitors have not recognized.


Definitions:

Dividend Policy

A company's strategy in deciding the size and pattern of dividend distributions to its shareholders.

Associate Entity

An entity over which an investor has significant influence, typically through ownership of between 20% and 50% of voting stock.

Equity Recognition

The process in accounting of recognizing increases in ownership interests.

Share Capital

The funds raised by a company through the issuance of shares, representing the ownership interest invested by shareholders.

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