The Extension Strategy Where the Product Remains Virtually Unchanged but Extending

question 47

True/False

The extension strategy where the product remains virtually unchanged but extending it in markets outside the home country is known as "adaptation strategy."

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Definitions:

Cash Dividend

A payment made by a company out of its earnings to shareholders in the form of cash.

Retained Earnings

is the portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment or debt payment.

Date of Record

The specific date set by a corporation on which the shareholders must be on the company's books in order to receive a declared dividend or participate in a corporate action.

Cash Dividends

Payments made by a corporation to its shareholder members from its profits or reserves.