Market Penetration, Market Development, and Product Development Are Intensive Strategies

question 33

True/False

Market penetration, market development, and product development are intensive strategies.

---

Definitions:

Tangible Assets

Assets that have a physical form such as machinery, buildings, and land.

Intangible Assets

Assets that have special rights but not physical substance

Physical Substance

A characteristic of an asset that consists of material existence; tangible assets that can be seen, touched, or quantified.

Depletion

Systematic and rational allocation of the cost of a natural resource over the period of its exploitation