Which of the following statements is true regarding choosing offensive strategic market plans?

A) A business with a good cash position that is facing stagnant growth in maturing markets might pursue the market penetration strategy.
B) A market-based business will often find that it has more resources to fund market opportunities than there are market opportunities.
C) A business with a long-run need for better profit performance would be inclined to select the share penetration strategy.
D) The selection of one offensive strategic market plan over another depends on the business's long-run profit needs.
E) A business has to prioritize strategic market opportunities on the basis of its performance objectives.

E

Business

You might also like to view...

An adjusting entry always involves two balance sheet accounts

a. true b. false

Business

Which of the following is an example of extraterritoriality?

A) a U.S. subsidiary operating in China that is forced to follow some U.S. laws, even though China has no comparable laws B) a U.S. sweatshop operating in Thailand that does not follow U.S. labor laws but allows children to work 60 hours a week C) an MNE manager who, after working in the host country, tries to implement foreign practices in the home-country office D) a British subsidiary operating in Indonesia that maintains the same health and safety standards for its foreign factories that are required in Great Britain, even though the British government does not require it to use those standards

Business