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Which of the following are components of contingency contracts?
Growth Strategy
A plan of action designed to increase the size, revenue, market share, or profitability of a business through expansion efforts, product development, market penetration, or acquisition.
Diversification
A risk management strategy that involves adding a wide range of investments, products, or markets to a portfolio or business model.
Market Development
Strategies aimed at finding new markets or expanding existing markets for a product or service to increase sales and market share.
Product Development
The process of bringing a new product or service to market, from the initial idea through design, manufacturing, and marketing.
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