Creating New Products for New Markets Is Called ________

question 17

Multiple Choice

Creating new products for new markets is called ________.

• A) market penetration
• B) vertical integration
• C) diversification
• D) horizontal integration
• E) decentralization

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Definitions:

Tax Return

A form or forms filed with a government body that reports income, expenses, and other pertinent tax information.

Act of Omission

A legal concept describing a failure to act when there is a duty to do so, which can result in liability.

Mens Rea

A legal principle that refers to the intent or knowledge of wrongdoing that constitutes part of a crime, as opposed to the action or conduct of the accused.

Actus Reus

A term from Latin meaning "guilty act," referring to the physical act of committing a crime, as opposed to the mental intent.