Which of the Following Is the Reason a Company May

question 2

Multiple Choice

Which of the following is the reason a company may choose not to focus on the largest, fastest-growing segments?

• A) The smaller segments may be more profitable to the firm.
• B) It may lack the skills to serve larger segments.
• C) The right size and growth characteristics don't match its goals.
• D) The segments may be too competitive.
• E) It may lack the physical and financial resources to serve larger segments.

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Definitions:

Concrete Operational

A stage in Jean Piaget’s theory of cognitive development during which children gain the ability to think logically about concrete events and objects.

Deferred Imitation

The ability to replicate a behavior observed at an earlier time, even in the absence of the immediate presence of the original stimulus.

Symbolic Play

A type of play in which children use objects, actions, or ideas to represent other objects, actions, or ideas, as part of their cognitive development.

Sensorimotor Stage

Piaget’s first stage in cognitive development, in which infants learn through senses and motor activity.