________ means moving into totally different lines of business, perhaps entirely unfamiliar products, markets, or even levels in the production-marketing system.
A. Market development
B. Market penetration
C. Product development
D. Differentiation
E. Diversification
Answer: E
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With few, if any, competitors in an untapped new market, a business has the opportunity to pioneer a portion of the market largely ignored by competitors. This is known as ________
A) network advantage B) economies of scale advantage C) horizontal integration advantage D) first-mover advantage E) vertical integration advantage
The balance sheet pension liability considers the projected benefit obligation
Indicate whether the statement is true or false
The accountant prepares the statement of cash flows after completing the
a. balance sheet, only. b. income statement, only c. balance sheet and the income statement. d. funds flow statement. e. statement of retained earnings.
Canadians shake hands, Japanese bow, and Middle Easterners of the same sex kiss on the cheek. These gestures are examples of ________.
A. proxemics B. chromatics C. chronemics D. haptics