Many States Create Licensing Requirements for a Variety of Professionals

question 98

Multiple Choice

Many states create licensing requirements for a variety of professionals (such as lawyers and accountants) designed to restrict entry into their market by professionals from other states.This strategy limits ____________ growth strategies.

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

---

Definitions:

Diagnostic Features

Characteristics or attributes used to identify, categorize, or diagnose conditions, diseases, or materials based on specific criteria.

Five Kingdoms

A classification system that categorizes all living organisms into five major groups: Monera, Protista, Fungi, Plantae, and Animalia.

Outgroup Analysis

A method in phylogenetics used to help identify the evolutionary relationships between species by comparing characteristics with those of an external group.

Derived Characters

Attributes in organisms that are passed down from a common ancestor.