The Four Strategies Based on a Firm's Approach to Market

question 43

True/False

The four strategies based on a firm's approach to market share growth are build, hold, harvest and divest.

---

Definitions:

Agriculture

The practice of cultivating the soil, growing crops, and raising livestock for food, fiber, and other products.

Demographic Transition

The transition from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Mortality Rates

A measure of the number of deaths in a particular population, scaled to the size of that population, per unit of time.

Income

The monetary payment received for goods or services, or from other sources, as rents or investments.