If a Cola Producer Bought Out a Mango Juice Producer

question 186

Multiple Choice

If a cola producer bought out a Mango juice producer in an attempt to appeal to health-conscious consumers who do not drink soft drinks, it would be pursuing a ______________ opportunity.

• A) market development
• B) diversification
• C) market penetration
• D) product development

---

Definitions:

Stockholders

Individuals or entities that own shares in a corporation and thereby have potential voting rights and a claim to profits.

General Partnership

A business arrangement where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a venture.

Firm's Debt

Firm's Debt refers to the total amount of liabilities owed by a company, which could include loans, bonds, and other forms of debt.

Partner's Liability

The legal and financial obligations that a partner incurs as part of participation in a partnership, which can vary depending on the type of partnership and the agreement among partners.