Multiple Choice
The strategy that aims to serve new markets with new products is:
A) Product development
B) Market development
C) Diversification
D) Market penetration
E) Benchmarking
Correct Answer:

Verified
Correct Answer:
Verified
Q3: In terms of SWOT analysis,strengths include:<br>A) Access
Q4: Something that consistently creates and refines its
Q5: A business strategy can exhibit different levels
Q6: Analyzers:<br>A) Have inconsistent product mix<br>B) Lack a
Q7: A new entrant to the business copier
Q9: Patent protection is a barrier to entry
Q10: Define SWOT analysis.Briefly describe its characteristics with
Q11: Typically,the firm's purpose and the justification for
Q12: Essentially,the mission statement justifies the organization's existence.
Q13: In terms of organizational types,stability is MOST