Question: QUESTION 1 For a company, considering entry into a new product/service market, its chances to maximize revenues and profits will be greater if a. market

QUESTION 1 For a company, considering entry into a new product/service market, its chances to maximize revenues and profits will be greater if a. market penetration for the product is low the product market is at its growth stage b. C. most people buy the product for the first time all of the above O d. QUESTION 2 0.5 points QUESTION 3 To increase company productivity and profitability a company may Try to become a monopoly a. b. Try to focus exclusively on maximizing market share Try to hire well educated people OC. Od. None of the above QUESTION 4 The government/society awards patents (temporary monopoly) for innovations so to

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