When a Company Expands Globally, This Is an Example Of

question 133

Multiple Choice

When a company expands globally, this is an example of:

• A) Market development.
• B) Product development.
• C) Diversification.
• D) Market penetration.
• E) Mass marketing.

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Definitions:

Divestitures

The act of selling off or otherwise disposing of a business unit or asset, often for strategic, financial, or regulatory reasons.

Restructuring

The process of organizing a company, department, or team in a new way to reduce costs or improve efficiency.

Public Relations

The professional maintenance of a favorable public image by a company, organization, or famous person.

Catering Company

A business that provides food services to events and locations, or prepares and delivers meals to customers.