________ Aims to Increase Market Share by Promoting Sales Aggressively

question 3

Multiple Choice

________ aims to increase market share by promoting sales aggressively in existing markets.

• A) Horizontal integration
• B) Geographic expansion
• C) Product development
• D) Market penetration

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Definitions:

Enterprising

Showing initiative, willingness to undertake new projects, and readiness to take on challenges; often associated with entrepreneurial activities.

Social

Pertaining to society or its organization, emphasizing relationships and interactions among people.

Extrinsic Factors

External elements or conditions that affect behavior, choices, or performance.

Intrinsic Factors

Internal elements or drivers that motivate an individual to act, often related to personal satisfaction, interest, or enjoyment.