Which of the Following Organizational Growth Strategies Aims to Find

question 45

Multiple Choice

Which of the following organizational growth strategies aims to find new customers for its present products?

• A)Customer retention strategy
• B)Product differentiation strategy
• C)Market development strategy
• D)Market penetration strategy

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Definitions:

Resident Aliens

Individuals who are not citizens of the United States but meet certain residency or physical presence tests and are subject to U.S. taxes on global income.

Electing

The act of choosing a specific tax treatment or option as permitted under tax laws.

Parent-subsidiary Corporations

A relationship between two companies where one (the parent) controls the other (the subsidiary).

Consolidated Tax Return

A tax return filed by a corporate group that combines its tax liability into one return, simplifying the tax filing process.