Grouping customers by how often they use a product or service is known as demographic segmentation

Indicate whether the statement is true or false

F

Business

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Which of the following is an example of growth by diversification?

A) a company introducing its existing products in a new market B) a company introducing new product category in a new market C) a company increases its product line in an existing market D) a company introducing a new product category in an existing market E) a company integrates backward to cut costs

Business

Which of the following statements is true of patents?

A) The object of a patent can be one that a person of ordinary skill in the trade could have easily discovered. B) Courts generally grant patents for business methods. C) A patent holder has the exclusive right to produce, sell, and use the patented object for the duration of ten years. D) No other party should have created or published the plans for the object of a patent.

Business