Which of the Following Is an Example of an External

question 33

Multiple Choice

Which of the following is an example of an external growth strategy?

• A) market penetration
• B) product line extension
• C) strategic alliance
• D) new product development
• E) geographic expansion

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Definitions:

Shoe Size

A numerical or alphanumerical indication of the fitting size of a shoe for a person, which can vary by country and manufacturer.

IQ

An acronym for Intelligence Quotient, a measure of a person's intellectual abilities in relation to their age group.

Double-blind Procedure

An experimental setup in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.

Placebo Effect

A phenomenon where individuals experience a perceived or actual improvement in their condition despite receiving a treatment that has no therapeutic effect.