Multiple Choice
Greyzone,a company that creates customized furniture,is based in Terrania,but is looking to enter other countries as well.The company identifies the country of Nyevka as a good option,as the entry barriers to new companies are low.Which of the following would most indicate that Greyzone is following a diversification strategy?
A) As the lifestyles of the people in the two countries are similar, Greyzone did not need to modify its products in the new market.
B) Greyzone leaves the Terranian market entirely in order to establish itself in the Nyevkan market.
C) Noting that Nyevka lacks well-established suppliers of office equipment, Greyzone begins to supply these products.
D) Greyzone manufactures furniture in Terrania itself, and ships it to Nyevka without setting up outlets in Nyevka.
E) Noting that the production costs would be lower in Nyevka, Greyzone shifts its production operations entirely to Nyevka.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: In the four Ps of the marketing
Q48: RTF Developers is a construction company with
Q50: Starbucks has introduced a debit card that
Q51: _ involves looking at whether a company's
Q52: In the marketing mix,product means the tangible
Q54: What are the four types of SBUs
Q56: The four Ps concept takes the seller's
Q57: Acme Inc.,has modified the production processes of
Q58: Company growth through starting up or acquiring
Q94: In a SWOT analysis,_ refer to external