When Sony Corp

question 227

Multiple Choice

When Sony Corp., an electronics producer, purchased the Pebble Beach golf course in California, it was pursuing what type of opportunity?

• A) Diversification
• B) Market development
• C) Market penetration
• D) Product development

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Definitions:

Ledger Arrangement

A method or system used to organize and categorize financial information or transactions in a company's accounting records.

Total Assets

The sum of all owned resources of value within a company, including tangible and intangible assets, that can provide future economic benefits.

Equipment

Tangible property used in the operation of a business but not intended for resale, often with a longer life span.

Standard Format

A prescribed or agreed-upon arrangement and structure for organizing and presenting information or data.