Ratification Can Occur in Which of the Following Ways

question 12

Multiple Choice

Ratification can occur in which of the following ways?

• A) Through express language
• B) As implied from conduct
• C) Through failure to make a timely disaffirmance
• D) All of these.

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Definitions:

Market Penetration

A measure of the extent to which a product or service is known and used in a particular market.

Growth Strategies

Plans and actions aimed at increasing the size and scope of a business, including expanding into new markets or increasing product offerings.

Value Map

A strategic tool used to visualize the value proposition of a product or service in relation to its competitors, highlighting strengths and weaknesses.

Value Frontier

A concept in business strategy that represents the maximum amount of value that companies can deliver to their customers at the lowest cost, balancing quality and affordability.