Which of the Following Strategies Is Used by Companies That

question 25

Multiple Choice

Which of the following strategies is used by companies that are adding new products, product lines, or businesses to their existing core products, product lines, or businesses?

• A) A diversification strategy
• B) A differentiation strategy
• C) A retrenchment strategy
• D) A stability strategy

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Definitions:

Good Practice

A conventional method or technique that is considered effective and beneficial in a certain context, often based on experience rather than formal rules.

Java Console Application

A Java program that runs in a text-based console environment, typically executing tasks and returning text output.

Displays Result

Refers to the action of showing the output or outcome of a program's execution to the user.

DecimalFormat Class

A class in Java that provides the ability to format decimal numbers into strings with a specific pattern, being part of the java.text package.