Economics 9708 · AS & A Level · 7.7

7.7 — practice question

An electronics company, which started out as a semiconductor company making basic memory chips, has used ongoing research and investment to become a market leader. It has also used its semiconductor research to move into other markets, such as televisions and mobile phones. What has taken place?

  • Aexternal growth and diversification
  • Bexternal growth and sales revenue maximisation
  • Cinternal growth and diversification
  • Dinternal growth and sales revenue maximisation

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