Match Each Definition to the Corresponding Term

question 23

Multiple Choice

Match each definition to the corresponding term.
-A firm that adopts a _____,attempts to capture the greatest market share and develop long-term relationships by being the pioneer to enter the market with a good or service.

• A)planning
• B)marketing planning
• C)strategic planning
• D)tactical planning
• E)cash cows
• F)first mover strategy
• G)SWOT analysis
• H)strategic window
• I)marketing mix
• J)product strategy
• K)strategic business units
• L)Porter's Five Forces
• M)marketing strategy
• N)dogs
• O)stars
• P)annual growth rate

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Definitions:

Preoperational Thought

A stage in Piaget's theory of cognitive development where children from about 2 to 7 years think symbolically but are not yet able to use logical operations.

Logical Operations

are mental processes involved in reasoning and thinking logically, especially in terms of categorization, seriation, and conservation, based on principles of consistency and non-contradiction.

Theory of Mind

Theory of Mind is the ability to attribute mental states, like beliefs, intents, desires, emotions, and knowledge, to oneself and others, and to understand that others have beliefs, desires, and intentions that are different from one's own.

Cognitive Growth

The development of intelligence, conscious thought, and problem-solving ability that occurs as one ages.