In Which of the Following Situations Might Diversification Prove an Appropriate

question 49

Multiple Choice

In which of the following situations might diversification prove an appropriate strategy?

• A) When the market is mature or existing products are at the end of their lifecycles.
• B) When the product development of rivals is better than your own.
• C) When market share is being lost to other firms in the sector.
• D) When the market is experiencing high growth and an influx of new entrants.

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Definitions:

Output Load Device

A device controlled by the output of a programmable logic controller or other control system, performing functions in response to electrical signals.

Cross-Reference

A method in programming and documentation that allows users to navigate to related information or identify how various parts of a program are connected.

Data Monitor

A Data Monitor is a tool or system used to observe, track, and analyze data traffic or processing activities to ensure proper operation and performance.

Radix

The base of a number system; for example, the radix of the decimal system is 10, and the binary system is 2.