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 are the practices in staffing organizations and developing a strong knowledge base of companies?
Describe in brief, are there any limits on the ads for alcoholic beverages which can run and how they can exhibit?
Write down the steps included in appointing the right people in an organization?
Write a short note on the disadvantages of the flowchart?
Briefly list out seven important characteristics or features of risk identification?
Give a brief introduction about the following term: Front of the house, Excursionist, High-touch service?
Define the reward system to strategically relevant performance results.
What do you mean by the term Decline stage of a PLC phase?
Explain about the Selling off Assets.
Write down the steps in the organizational structure?
18,76,764
1941558 Asked
3,689
Active Tutors
1430983
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!