Diversification Is a Strategy Whose Goal Is Growth,based On

question 37

Multiple Choice

Diversification 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:

Elephant

A large mammal with a long trunk and tusks, known for its intelligence and social behavior, native to Africa and Asia.

Beef

The meat from cattle, regarded as a staple protein source in many cultures around the world.

Cow

A domesticated animal known for providing milk, meat, and leather, and plays a significant role in agriculture.

National Defense

Government and military activities and structures designed to protect a country against threats and maintain its sovereignty.