Strategies to widen a diversified business base of company
What are the strategies to widen a diversified business base of company?
Expert
Strategies to widen a diversified company’s business base:
1. Diversified companies sometimes find it attractive to make positions in new industries, whether unrelated or related.
2. There are several motivating factors:
i. Slow growth that makes the potential revenue and profit increase of a newly acquired business appear attractive.
ii. Vulnerability to recessionary or seasonal influences or to threats from budding new technologies.
iii. The potential for transferring capabilities and resources to other complementary or linked businesses.
iv. Quickly changing circumstances in one or more of a company’s center businesses brought on by legislative, technological, or new product innovations that change purchaser requirements and preferences.
v. To complement and reinforce the competitive capabilities and market-place of one or more of its current businesses.
3. Frequently, growth into new businesses is undertaken by acquiring companies already in the aim industry.
Illustrates the responsible reasons of goes down companies?
Explain Strategy Making Pyramid.
Explain why do you want to get to the marketing?
which ways can a restaurant make use of the phrase 'cost of quality' to address its quality concern
What are the strategies for firms in declining or stagnant industries?
What do you understand by the word ‘Free-Rein Leader’?
What are factors to trend of making stakeholders aware of a company’s commitment attributable?
Illustrates the strategy-critical activities of the organization structure?
What do you mean by the term self-concept which is the Rogers basic constituents of the personality?
Briefly describe the bases for the Product differentiation or Services Differentiation?
18,76,764
1951335 Asked
3,689
Active Tutors
1431390
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!