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A Firm Which Tries to Increase Sales by Selling New

question 97

True/False

A firm which tries to increase sales by selling new products in new markets is pursuing "market development" opportunities.


Definitions:

Bonuses

Monetary rewards offered by companies for exceptional performance as incentives to further increase productivity.

Theory X Manager

A management style based on the assumption that employees are inherently lazy and will avoid work if they can, necessitating a controlling and directive leadership style.

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