Which of the Following Terms Describes a Possible Leadership Style

question 13

Multiple Choice

Which of the following terms describes a possible leadership style for ecologically innovative firms?

• A)ecopreneurship
• B)ecovision
• C)triple bottom line
• D)social impact investing

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Definitions:

Diversification

A strategy that involves entering into new markets or investing in different types of assets to reduce risk and increase potential returns.

Market Development

A growth strategy where a business seeks to sell its existing products into new markets to increase its customer base.

Product Development

The process of bringing a new product or service from concept to market, including design, creation, and launch phases.

Market Penetration

The extent to which a product or service is recognized and used by customers in a particular market.