Which of the Following Is an Example of an Internal

question 71

Multiple Choice

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

• A) licensing
• B) merger
• C) new product development
• D) strategic alliance
• E) franchising

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Definitions:

Target Profit

The amount of profit that a company aims to make in a certain period.

Annual Fixed Expenses

Expenses that do not change in total over a period of one year, regardless of the level of activity within a business.

Sales Mix

The combination of different products or services that a company sells, typically analyzed to determine the most profitable mix.

Sales Mix

The combination of products or services that a company sells, reflecting the variation in profit margins for each.