Many States Create Licensing Requirements for a Variety of Professionals

question 98

Multiple Choice

Many states create licensing requirements for a variety of professionals (such as lawyers and accountants) designed to restrict entry into their market by professionals from other states.This strategy limits ____________ growth strategies.

• A) product proliferation
• B) market development
• C) market penetration
• D) diversification
• E) product development

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Definitions:

Lycopodiophyta

A division of vascular plants that includes the club mosses and their relatives, characterized by their primitive vascular systems and microphyll leaves.

Liverworts

A group of non-vascular plants belonging to the division Bryophyta, known for their liver-shaped leaves.

Sorus

In ferns, a cluster of spore-producing sporangia.

Sporangia

Structures in fungi, algae, and some plants that produce and contain spores for reproduction.