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:

Active Voice

The active voice is a grammatical structure wherein the subject of a sentence performs the action of the verb, making the writing clear and direct.

Writes

Writes refers to the act of composing text for various purposes, such as communication, recording, or artistic expression.

Delivered

Successfully transferred or brought to a specified destination.

Effect

The result or outcome that is produced by a cause or agent; it shows how something influences the state of something else.