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When Hilton Brews,a large company producing instant mixes for all kinds of beverages,noticed the rise in people consuming tea for its potential health benefits,the company introduced a new line of organically grown and processed teas like green tea or tea with various herb extracts and additional antioxidants.Which of the following organizational growth strategies was used by Hilton Brews?
Common Stock
A type of equity security that represents ownership in a corporation, usually with voting rights.
Cash Dividends
Payments made by a company out of its profits to shareholders, usually in the form of cash.
Common Stock
A type of security that represents ownership in a corporation, giving holders voting rights and a proportionate share in the company's profits through dividends or capital appreciation.
Bonds Payable
Long-term debt instruments issued by a company to investors, promising to pay back a specified sum of money at a future date along with periodic interest payments.
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