When a Firm Operates in Multiple Geographic Markets Simultaneously It

question 63

True/False

When a firm operates in multiple geographic markets simultaneously it is said to be implementing a product diversification strategy.

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Definitions:

Prokaryotes

Single-celled organisms that lack a nucleus and membrane-bound organelles, including bacteria and archaea.

Bacteria

Prokaryotic organisms that have peptidoglycan in their cell walls; most are decomposers, but some are parasites and others are autotrophs. Bacteria is the name of one of the two prokaryotic domains. Compare with archaea.

Fungi

A kingdom of non-photosynthetic organisms that includes molds, yeasts, and mushrooms, characterized by their chitinous cell walls and absorption of nutrients from the environment.

Gene Pool

The complete set of unique alleles that would be found within every individual of a particular population or species.