Which Mechanism for Firm Growth Involves the Creation and Sale

question 54

Multiple Choice

Which mechanism for firm growth involves the creation and sale of new products or services?

• A) acquisitions
• B) licensing
• C) franchising
• D) new product development
• E) international expansion

---

Definitions:

Public Assistance

Government programs designed to provide financial support or services to individuals and families in need.

Government Job

Employment within a government agency or department, often associated with stability, benefits, and serving the public interest.

Laws

Established rules of conduct enforced by a controlling authority, governing social, economic, and political relationships.

Additional Children

Refers to the increment in the number of children in a family, impacting financial planning and expenditures.