Beta coefficient is an index of the degree of movement of an asset's return in response to a change in the risk-free asset

Clarion Inc has focused its product-market strategies on large manufacturers, that have sales exceeding $100 million per year and that purchase large-scale, multi-million dollar equipment. However, research conducted by the marketing department identifies a fairly attractive market potential for Clarion manufacturing equipment among smaller manufacturers. Clarion Inc produces a line of lower capacity manufacturing equipments, with a pricing strategy aimed at catering to the needs of the small manufacturers. In this example, Clarion Inc uses a ________ strategy.

A) improve customer loyalty and retention B) develop a new market C) enter new-market segments D) harvest for cash flow E) divest for cash flow

What is legal compliance? What laws and regulations ensure that the business practices of global firms are legal?

What will be an ideal response?