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podryga [215]
3 years ago
10

explain how mtumi can apply concentric, horizontal and conglomerate diversification. give examples to support your answer

Business
1 answer:
mel-nik [20]3 years ago
3 0
A concentric diversification strategy allows a firm to produce similar products to an already established business. Let us say that a computer company, producing computers using towers, now starts to produce laptops.
Horizontal diversification allow a firm to start exploring other zones in terms of product manufacturing. If a company that used to produce television, now starts producing refrigerators, dryers etc. it's using horizontal diversification.
As for the conglomerate diversification strategies, this is where companies will look to enter a previously untapped market. So they want to move to a new industry.
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For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, (2) identify the
romanna [79]

Answer:

Please see explanation.

Explanation:

1. and 2.

                                  Type of accounts            Normal balance

a. Cash                                asset                            Debit

b. Legal Expense               expense                       Debit

c. Prepaid Insurance          asset                            Debit

d. Land                                asset                            Debit

e. Accounts Receivable     asset                            Debit

f. Dividends                         equity                          Debit

g. License Fee Revenue    revenue                      Credit

h. Unearned Revenue        liability                        Credit

i. Fees Earned                     revenue                      Credit

j. Equipment                        asset                           Debit

k. Notes Payable                 liability                        Credit

l. Common Stock                equity                          Credit

Journal entries to increase the balance:

                                                             Dr                          Cr

a. Cash                                            Cash                        Revenue

b. Legal Expense                     Legal expenses              Cash

c. Prepaid Insurance               Prepaid Insurance          Cash        

d. Land                                      Land                                Cash                                    

e. Accounts Receivable        Accounts receivable        Revenue

f. Dividends                           Retained earnings            cash

g. License Fee Revenue      Cash                                   License Fee Revenue

h. Unearned Revenue         Cash                                  Unearned revenue

i. Fees Earned                     Cash                                   Fees Earned

j. Equipment                        Equipment                          Cash

k. Notes Payable                Cash                                    Notes Payable

l. Common Stock                Cash                                    Common Stock

7 0
3 years ago
Ronald McDonald Houses is an example of A. altruistic corporate social responsibility. B. vertical integration. C. strategic cor
alexgriva [62]

Answer:

A. altruistic corporate social responsibility.

Explanation:

The Ronald McDonald Houses organization is focus in a completely different activity than McDonald's Corporation. There is no competitive advantage that could McDonalds benefit from, actually is a non-profit organization who demand hundreds of volunteers around the world to be able to operate.

Is also true that strategical activities are separated one of each other, unlike the strategic corporate social responsablity, which demands strategical unity to operate in order to leverage competitive advantages.

5 0
3 years ago
At the end of last year, the company's assets totaled $879,000 and its liabilities totaled $749,500. During the current year, th
Sladkaya [172]

Answer:

$ 164,450

Explanation:

Opening  assets = $879,000

Opening liabilities = $ 749,500

Increase in Assets = $59,900

Increase in Liabilities = $24,950

Closing assets = Opening Assets + Increase in Assets

= $879,000 + $59,900

= $ 938,900

Closing Liabilities = Opening Liabilities + Increase in Liabilities

= $749,500 + $24,950

= $ 774,450

At the end of the current year,

Stockholder's Equity = Total Assets- Total Liabilities

                                   = $ 938,900 -  $ 774,450

                                   = $ 164,450

6 0
3 years ago
What does " ROTTEN " stands for in Economics?
amid [387]
This is something known as an acronym, it means that each letter means something. In this case the letters R.O.T.T.E.N means:
<span>Resource: cost and availability
Other goods' price
Taxes, subsidies and government regulation
Technology(productivity)
 Expectations of the producer
 Number of firms in the industry
</span>Hope this is good for you
3 0
3 years ago
Which is a dimension or assumption of the marginal-utility theory of consumer behavior? The consumer has a large income. Goods a
Diano4ka-milaya [45]

Answer:

The correct answer is letter "B": Goods and services carry a price tag.

Explanation:

Utility is described as the degree of satisfaction or joy perceived by individuals by consuming a given good or service. Marginal utility refers to the satisfaction produced by consuming one more unit of that good. The marginal utility theory assumes that consumers make rational decisions pursuing the maximization of their returns considering those goods carry the same price tag.

6 0
3 years ago
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