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Product Development and Diversification Can Be Characterized as _____

question 24

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Product development and diversification can be characterized as _____.


Definitions:

Human Resource Management

A strategic approach to managing people in an organization in a way that supports the business's mission and overall success.

Economic Forces

Economic factors facing Canadian business today, including global trade forces and the force to increase one’s own competitiveness and productivity levels.

Global Trade

The exchange of goods, services, and capital across international borders, influenced by global economic policies and agreements.

Service Industries

Sectors of the economy that provide intangible goods or services to consumers, such as healthcare, banking, and education.

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