____ Refers to Offering New or Improved Products for Present

question 250

Multiple Choice

____ refers to offering new or improved products for present markets.

• A) Diversification
• B) Market development
• C) Differentiation
• D) Market penetration
• E) Product development

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Definitions:

Peer Review

Process for resolving disputes by taking them to a panel composed of representatives from the organization at the same levels as the people in the dispute.

Outplacement Counselor

A professional who assists departing employees transition to new jobs or careers, often provided by the employer as part of a severance package.

Professional Counselor

A licensed individual who provides guidance and support to people dealing with personal, social, or psychological issues.

Alternative Dispute Resolution

Alternative Dispute Resolution is a method of resolving disputes without litigation, using techniques like mediation and arbitration.