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Two-year-old Jonathan knows he is not allowed to have a second piece of candy. When his mother is distracted, he takes another piece out of the candy jar, just to see if he can get away with it. Jonathan is in the ________ stage of development.
Cash Cows
In business, products or units that generate significantly more money than they consume, often found within mature markets where they have established a dominant market share.
Excess Funds
Refers to the surplus money a business has after all its operational costs, taxes, and obligations have been met, which can be invested or saved for future use.
Growth Strategies
Approaches and methods businesses use to achieve higher levels of market share, revenue, and profitability.
Market Penetration
A strategy aiming to increase sales of existing products or services within current markets, often by gaining a larger market share.
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