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When an Organization Enters a New Type of Industry,which Is

question 45

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When an organization enters a new type of industry,which is not similar in any way to the current businesses of the organization,which of the following strategies is the organization pursuing?


Definitions:

Government Restrictions

Regulations and policies imposed by governmental bodies aimed at controlling or limiting certain activities or practices within a country.

Mass Production

The large-scale manufacturing of goods using assembly line techniques and machinery, aimed at producing large quantities of standardized products efficiently.

New-Category Entries

Products that are new to a company but not new to the marketplace.

Inventions

The act of creating or designing something new that has never existed before, often protected legally by patents.

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