1) For success in mature industries, business strategies require which of these features? Select one: A. Ability to rapidly improve product qualities and performance features. B. Ability to differentiate the firm's products from competitors entering the market C. Emphasis on process innovation that permits low-cost product design, manufacturing methods, and distribution synergy. D. Gradually harvest the business
2) Strategy allows a firm to practice a form of concentrated growth by identifying new uses of existing products and by finding new demographic or psychographic markets. Select one: A. Innovation B. Product development C. Market development D. Horizontal integration