Which of the Following Is Defined as Continually Expanding Its

question 91

Multiple Choice

Which of the following is defined as continually expanding its capacity to create its future?

• A)Learning organization
• B)Quality team
• C)Reengineering group
• D)Focus group

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Definitions:

Market Penetration

A growth strategy where a company aims to increase sales of existing products or services in its current markets, often through competitive pricing, advertising, and promotions.

Market Development

A growth strategy where a company seeks to expand its existing product or service into new markets to attract additional customers.

Build Brand Awareness

The process of making consumers more familiar with a brand, its products, and its values.