When Companies Extend Their Horizons and Identify Opportunities Outside Existing

question 142

Multiple Choice

When companies extend their horizons and identify opportunities outside existing product lines,the result is ________.

• A) conglomeration
• B) multiple product lines
• C) ubiquity
• D) universalism

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Definitions:

Naturalistic Observation

A method of research in which people are examined in their usual environments with no alterations made by the observer.

Representative Samples

A subset of a population that accurately reflects the members of the entire population, useful in statistical analysis and research.

Generalizations

Broad statements or conclusions that apply to many instances, often derived from observations or experiments.

Confounding Variables

External factors in an experiment that can affect the outcome, potentially misleading the relationship between the variables being studied.