According to Ansoff's Product-Market Matrix,market Development Strategies Allow the Firm

question 54

True/False

According to Ansoff's Product-Market matrix,market development strategies allow the firm to introduce existing products to new customers,often including international markets.

---

Definitions:

Noncumulative Preferred Stock

A type of preferred stock where dividend payments are not required to be paid in periods when they are not declared.

Dividends Received

The payments a shareholder receives from a company out of its profits or reserves as a return on the shareholder's investment.

Par Value

The face value of a bond or stock as stated by the issuing company, not necessarily its market value.

Cash Dividend

A financial distribution from a firm's profits to its investors, typically provided as cash.