Which of These Are Units of Measure

question 16

Multiple Choice

Which of these are units of measure?

• A)time
• B)energy
• C)seconds
• D)kilometers
• E)volume

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Definitions:

Market Penetration

A measure and strategy of the amount by which a product or service is recognized and bought by customers in a particular market.

Product Development

The process of creating, designing, and introducing new products or improving existing ones to meet consumer needs and market demands.

Market Development

A growth strategy that identifies and develops new market segments for current products, including geographic expansion or targeting new segments.

Diversification

A strategy in business and investment to spread risks and opportunities across different markets, products, or investments.