Diversification in businesses merit powerful consideration
When is Diversification in other businesses merit powerful consideration?
Expert
Diversification into other businesses merits powerful consideration when:
i. The organization is faced with diminishing market opportunities and stagnating sales in its main business.
ii. It can expand into industries whose products and technologies complement its current business.
iii. It can leverage existing capabilities and competencies by expanding into businesses where these same resource strengths are important competitive assets.
iv. Diversifying into intimately related businesses opens new avenues for dropping costs.
v. It has a well-known and stronger brand name that can be moved to the items of other businesses.
What is Specialist Strategy?
Mechanism of organisation in perceptual process?
What are the issues for evaluating the potential threat of entry?
Write down the steps included in dealing with market competition?
Write down the main bases of power?
Describe in brief who can advertise on any site?
Write down the ‘Principle of Leadership’?
What do you understand by the word circular chart?
Briefly describe the bases for the Image differentiation?
What do you mean by the term Google click fraud? Describe in brief.
18,76,764
1926573 Asked
3,689
Active Tutors
1421370
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!