According to the textbook, a well-managed business that finds its products and services are mature often ________.
A) replaces its board of directors to breathe new life into the firm
B) looks for licensing opportunities
C) looks for partnering or acquisition opportunities to breathe new life into the firm
D) looks for new managerial talent to breathe new life into the firm
E) looks for international business opportunities

Question

Quizplus · Accepted Answer

When a business finds that its products and services are mature, it often looks for partnering or acquisition opportunities to introduce new products or services, which can breathe new life into the firm. Licensing, new talents, and international business are not directly related to this situation. Replacing the board of directors may not necessarily solve the issue at hand.

According to the Textbook, a Well-Managed Business That Finds Its