________ Refers to the Tendency of Firms to Extend Their

question 38

Multiple Choice

________ refers to the tendency of firms to extend their sales,ownership,and/or manufacturing to new markets abroad.

• A) Expansion
• B) Market development
• C) Globalization
• D) Export growth
• E) Diversification

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Definitions:

Goal Seeking

A function in computer programs, particularly spreadsheets, that finds the input value needed to achieve a specific target output.

Cell Value

The specific data or content contained within a cell in a spreadsheet or table, often numerical or textual.

Formula Dependency

Describes a situation in spreadsheet applications where the calculation of one formula relies on the result of another formula or cell value.

IF Function Formula

A logical function in Excel that returns one value if a condition is true and another value if it's false.