In an Effort to Increase Its Total Sales, Champion Has

question 23

Multiple Choice

In an effort to increase its total sales, Champion has started exporting its spark plugs for use by several German auto producers. Champion is pursuing a ______________ opportunity.

• A) diversification
• B) market penetration
• C) product development
• D) mass marketing
• E) market development

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Definitions:

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom and involved in chemical bonds and electrical conductivity.

Oxidized

A chemical process where a substance loses electrons, often associated with the gain of oxygen or the loss of hydrogen.

Non-metal Free Elements

Elements that exist in their natural state not combined with other elements and do not display metallic characteristics; examples include oxygen (O2) and nitrogen (N2).

Redox Reaction

A chemical reaction where the oxidation states of atoms are changed through the transfer of electrons.