When Weekend Gardeners Think of Mulch to Put Around Their

question 27

Multiple Choice

 When weekend gardeners think of mulch to put around their plants and keep away the weeds,they tend to think in terms of pine bark,wood chips,or pine straw.Slatescape has developed mulch made out of crushed slate rock.The company first targeted landscape businesses and was successful in marketing to businesses and to government agencies.In order to expand its business,the company must now educate consumers about the product.Slatescape will be implementing a _____.

• A) market penetration strategy
• B) market differentiation strategy
• C) diversification strategy
• D) market development strategy

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Definitions:

Dividends Received

Earnings distributed to shareholders from the investments in other companies.

Par Value

The nominal or face value of a stock or bond as stated by the issuer.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of stock, rather than cash.

Declaration

An official statement, announcement, or the act of revealing information explicitly.