_________Is the Entry into a New Domain That Is Related

question 78

Multiple Choice

_________is the entry into a new domain that is related in some way to an organization's domain.

• A)Related diversification
• B)Differentiation
• C)Vertical integration
• D)Unrelated diversification

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Definitions:

Demand Function

A mathematical equation that describes the relationship between the quantity of a good consumers are willing to buy and the good’s price, holding other factors constant.

Supply Function

A mathematical expression that shows the relationship between the quantity of a good supplied by producers and the price of the good.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers, resulting in market stability.