Examlex
Which of the following is true concerning temporary and permanent accounts?
Diversification Strategy
A business policy of increasing the variety of products or markets served to spread risk and create opportunities for growth.
Business Area
A specific segment of a business organization that focuses on a particular market or product line.
Cash Cow
A business unit or product that generates a consistently high amount of cash flow, exceeding its maintenance and development costs, typically funding other business areas.
BCG Matrix
A tool to analyze business opportunities according to market growth rate and market share.
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