Because a Market Is Saturated, Firms May Attempt to Enter

question 80

Multiple Choice

Because a market is saturated, firms may attempt to enter new geographical markets that may be less saturated. For example, pharmaceutical companies are realizing that they need to turn to ________ for continued growth in the coming years.

• A)BRIC countries
• B)third-world countries
• C)communist countries
• D)Germany
• E)France

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Definitions:

Reciprocal

Involving a mutual or two-way exchange or influence between two or more parties.

Experiential Tasks

activities designed to engage participants through direct experience and learning by doing.

Incremental Change

Gradual alterations or modifications made over time to processes, policies, or products.

Observational

Relating to the acquisition of knowledge that is obtained by observing and studying subjects without influencing them.