In its inception, Transportation Safety Technologies, Inc. produced and sold safety devices to make the trucking industry safer especially on long hauls across North America. It soon realized that transporting goods across U.S. borders by truck was expensive and time-consuming for the truckers. Dozens of government agency approvals and costly downtime hamper the process. Transportation Safety Technologies, Inc., has recently begun providing its trucking companies with International Trade Data Systems (ITDS) . This system stores information about each shipment in a centralized database, which can be accessed at border checkpoints and eliminate the need for costly manual inspections. This is an example of the Implementation of a ________strategy.
A) product development
B) diversification
C) market development
D) market penetration
Correct Answer:
Verified
Q120: Apple's new watch is the most recent
Q121: An approach whereby an organization allocates its
Q122: The key steps of planning, implementation, and
Q123: Zippo, which traditionally manufactures lighters, is considering
Q124: NDCHealth Corp. is a U.S.-based company that
Q126: Nike offers a new version of a
Q127: Which of the following actions would best
Q128: The World Wrestling Federation (WWF)manages professional wrestling
Q129: If McDonald's Canada decided to diversify its
Q130: Every morning, the Marketing Manager for Whirlpool
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents