1. This growth strategy can be achieved by taking over a function previously provided by a supplier or distributor? A. Horizontal growth B. Concentric diversification C. Conglomerate diversification D. Vertical growth 2. ) These are products within a company's product line, which can be considered as market leader since they generate enough cash to maintain their high share of the market. A. Dogs B. Stars C. Cash cows D. Question marks 3.) Which of the following is NOT a retrenchment strategy? A. Divestment B. Parenting C. Captive company D. Turnaround 4.) Explain the concept of bankruptcy and liquidation strategies. Answer with text and/or attachments: 5.) These are new products with the potential for success but need a lot of cash investments for development. A. Question marks B. Cash cows C. Stars D. Dogs 6.) Match each item to a choice. Match each item to a choice: 1. This characteristic of a good mission statement explains the overarching results that an organization is working to achieve. 2. This type of objective considers changing the actions of people and the products or results of their actions. 3. This characteristic of an effective vision describes a clear picture of what the future will look like for an organization. 4. This characteristic of an effective vision provides direction for daily decisions and actions of an organization. 5. This type of objective includes the implementation of activities necessary to achieve other objectives. Choices: A. Inclusive B. Guiding C. Process D.Outcome-oriented E. Results-oriented F. Behavioral 7.) This growth strategy occurs when the organization adds related products or markets to its existing product line. Select the correct response: A. Vertical growth B. Horizontal growth C. Concentric diversification D. Conglomerate diversification