​According to Ansoff’s strategic opportunity matrix, a firm that adopts a diversification strategy:

Unlike product development, market development involves opening businesses in markets that are already served by separate, well-established companies.

​Which of the following statements is true of a marketing plan?

 Laelle Corp. is a company that produces large automotive spare parts. It has three offices in the country. According to Ansoff’s strategic opportunity matrix, if Laelle Corp. follows a market development strategy,​

​Which of the following statements is true of today’s consumers in the U.S.?

​In the context of the Boston Consulting Group’s (BCG’s) portfolio matrix, a _____ is a strategic business unit that generates more cash than it needs to maintain its market share. 

​Magnira Corp., a technological firm, recently acquired a smaller firm abroad. The Federal Trade Commission looked into the acquisition and found that Magnira Corp. used unfair means to acquire the business. In this case, which of the following bureaus was responsible for reviewing the acquisition?

​A firm would benefit from production orientation when _____.

​Unlike a product/service differentiation competitive strategy, a niche strategy:

​In the context of social factors that affect marketing, with component lifestyles, people are: