All of the Following Situations Are Conducive to Market Development

question 14

Multiple Choice

All of the following situations are conducive to market development EXCEPT

• A) when new channels of distribution are expensive and unreliable.
• B) when an organization is successful at what it does.
• C) when new untapped or unsaturated markets exist.
• D) when an organization has excess production capacity.
• E) when an organization's basic industry is rapidly becoming global in scope.

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Definitions:

Ownership Interest

Refers to an individual's or entity's legal right to possess, use, and dispose of property or assets.

Adjusted Gross Income

Gross income after deductions and adjustments, important for tax calculations and eligibility for certain credits.

Sales

The total revenue generated from the selling of goods or services over a particular period.

Cost Of Goods Sold

Cost of Goods Sold (COGS) represents the direct costs attributable to the production of goods sold by a company, including materials and labor.