Product Expansion Is a Strategy Whose Goal Is Growth,based On

question 1

Multiple Choice

Product expansion is a strategy whose goal is growth,based on:

• A) selling more of the firm's product or service to the existing customer base.
• B) selling in areas or to groups previously not served by the business.
• C) selling existing customers a product or service they have never bought before.
• D) adding new products or services to the firm's existing collection of offerings.

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Definitions:

Lac Operon

A gene regulatory system found in bacteria and some other organisms that regulates the metabolism of lactose, involving an operon required for the transport and metabolism of lactose.

Cap

In molecular biology, a specially modified nucleotide on the 5’ end of eukaryotic mRNA, important for RNA stability and the initiation of translation.

Operons

Groups of genes in prokaryotes that are transcribed together and regulated by a single promoter and operator sequence, enabling coordinated expression of genes with related functions.

Bacteria

Single-celled microorganisms that come in various shapes and are found everywhere; they can be beneficial, neutral, or harmful to other organisms.