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When a Firm Operates in Multiple Industries Simultaneously It Is

question 24

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When a firm operates in multiple industries simultaneously it is said to be implementing a geographic market diversification strategy.


Definitions:

Between

Referring to a position or space that separates two points, objects, or entities.

Complete

Having all the necessary or appropriate parts; fully carried out; thorough.

Decompensation

A failure of the body's compensatory mechanisms to maintain functional stability, leading to worsening symptoms or the development of disease states.

Prefix

A set of letters that is added to the beginning of a word to change its meaning or create a new word.

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