(Solved):Starting a business from the ground up is referred to as A. product development. B. market…

 

Question

Starting a business from the ground up is referred to as

A. product development.

B. market development.

C. strategic development.

D. internal development.

E. None of the answer choices is correct.

 

EXPERT ANSWER

The correct answer is D. internal development.

Reason: When a business is started from the base or new systems are adopted from the ground up, then it is known as internal development. The business is initiated by forming a foundation.

Internal development means the growth which

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