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3 years ago

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

1 answer:

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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On January 1, 2018, Red Flash Photography had the following balances: Cash, $21,000; Supplies, $8,900; Land, $69,000; Deferred R

Nutka1998 [239]

Answer:

See explanation

Explanation:

Red Flash Photography

Journal Entries

1. Debit Cash $29,000

Credit Common Stock $29,000

(issuing common stock for cash that will increase the cash)

2. Debit Cash $44,000

Debit Accounts Receivable $39,000

Credit Service Revenue $83,000

(Provided services on account and cash)

3. Debit Salaries expense $32,000

Credit Cash $32,000

(Paid salaries to workers)

4. Debit Prepaid Rent $21,000

Credit Cash $21,000

(Paid rent in advance for cash)

5. Debit Supplies $31,000

Credit Accounts payable $31,000

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6. Debit Dividends $2,900

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7 0

3 years ago

chubhunter [2.5K]

Answer:

False

Explanation:

The situation above is called the "pitch." This is a process of persuasion whereby people present their ideas to their potential clients or investors. This is done in order to achieve a particular purpose. In the situation above, the ad agency's purpose is to win the potential client's account. In order to become successful in pitching ideas, one has to consider some pointers such as getting to the point fast, using a message map, not using too many slides and the like.

So, this explains the answer.

5 0

3 years ago

.Variety is the spice of life. application

lara [203]

Answer:

What? Sorry, but what is your question?

Explanation:

3 0

2 years ago

DuBois, Inc. announces a large stock dividend of 65% of the 4.96 million outstanding shares of common stock. The current price p

Karolina [17]

Answer:

Option (B) is correct.

Explanation:

Dividend per share:

= (65% of Par value of the stock)

= (65% × 0.01)

= $0.0065

Hence, the total dividend:

= (Dividend per share × outstanding shares of common stock)

= (0.0065 × 4.96 million)

= $32,240

Hence, the dividend would cause a decrease in retained earnings.

Therefore, the correct option is B.

6 0

3 years ago

One of the great benefits of trade is

Tanzania [10]

I believe the answer is: B.That it makes it possible for society to become better off by increasing both its production and its consumption.

Without trades, in order to fulfill all needs of the people, a country need to separate their time and resources to produce each of the needed products. With trades, a country could increase the production of the products in which they have a natural advantage at, and trade the products with other countries in case we need different product that we do not produce here.

6 0

2 years ago