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When TechnoSol Ltd

question 71

Multiple Choice

When TechnoSol Ltd. ,designed a corporate-level strategy,which includes expanding its operations into a new type of business for the organization,TechnoSol was pursuing a(n) ______________ strategy.


Definitions:

Market Equilibrium

A condition in a market where the quantity supplied is equal to the quantity demanded at a certain price level.

Markup

The amount that retailers add on to the wholesale price of an item.

Selling Price

The amount of money a buyer pays to purchase a product or service.

Wholesale

Refers to the sale of goods in large quantities, typically to be retailed by others.

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