Which of the Following Is an Example of an External

question 69

Multiple Choice

Which of the following is an example of an external growth strategy?

• A) Geographic expansion
• B) Improving an existing product or service
• C) Increasing the market penetration of an existing product or service
• D) Extending product lines
• E) Strategic alliances

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Definitions:

Contradictions

Situations or propositions in which two or more opposing things are simultaneously present, often leading to conflict or dilemma.

Dialectical Philosophy

A philosophic approach emphasizing the process of thought resolving contradictions, often associated with the works of Marx and Hegel, among others.

Dialectical Philosophers

Thinkers who apply dialectical methods to examine contradictions in society, thought, and history, aiming to understand and enact change.

Structural-Functionalists

Sociologists who focus on understanding society as a complex system, where its components work together to maintain cohesion and order.