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A Company That Engages in Rapid Penetration of Narrow Market

question 91

Multiple Choice

A company that engages in rapid penetration of narrow market segments by selective targeting of country markets by offering specialised products or services and has only a small share of the overall global market is known as a:


Definitions:

Sales Representatives

Individuals who represent a company by selling its products or services to customers, often working to meet sales targets and maintain customer relationships.

Democratic Leader

A leadership style where decisions are made based on the input of team members, promoting participation and equality among the group.

Employee Participation

Refers to the involvement of employees in decision-making processes and contributing to the improvement of organizational practices.

Tasks Over People

A management approach that prioritizes work and tasks achievement over attending to the well-being and needs of employees.

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