1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stellarik [79]
3 years ago
7

Symphon Times Inc., a Swiss-based premium watch brand, has recently started selling its watches through company-owned retail out

lets in major cities of the emerging nations. Which of the following types of diversification strategies is the firm pursuing?
a) geographic diversification strategyb) product-market diversification strategyc) product diversification strategyd) process diversification strategy
Business
1 answer:
iVinArrow [24]3 years ago
4 0

Answer:

a) geographic diversification strategy.

Explanation:

In this scenario, Symphon Times Inc., a Swiss-based premium watch brand, has recently started selling its watches through company-owned retail outlets in major cities of the emerging nations. The type of diversification strategies the firm is pursuing is a geographic diversification strategy.

Geographical diversification strategy can be defined as the process of diversifying your investments across various geographical regions (market) so as to improve profits or returns on investment and primarily to mitigate the overall business risk.

Hence, using the geographic diversification strategy Symphon Times Inc., is spreading its risk across various geographical regions or emerging nations by allocation of its resources in order to prevent them from being vulnerable to external conditions and to improve their performance and competitiveness. Thus, a geographic diversification strategy is simply a business management strategy that entails "not putting all your eggs in a basket" rather you should have them spread across in order to prevent or mitigate the overall risks.

<em>Additionally, in order to preserve wealth and to reduce portfolio risks it is advisable that business owners such as Symphon Times Inc. engage in geographic diversification strategy.</em>

You might be interested in
Under one type of rating law, insurers are free to change rates and to use modified rates immediately. However, the new rate mus
Nat2105 [25]

Answer:

use-and-file rating law

Explanation:

File-and-use rating laws are insurance rules that allow an insurance company to use new rates before they are approved by the state. File-and-use rating laws allow the insurer to use new rates immediately, with the risk that any rate change will be mitigated if the insurance regulator determines the change is not appropriate.

6 0
3 years ago
Copland submitted a piece for radio broadcast on cbs radio. it eventually became titled:
Dima020 [189]
The answer is that it eventually became titled as Prairie Journal.
CBS Radio stands for Columbia Broadcasting System radio and within CBS Corporation it is one of the oldest units. <span>The company was founded in 1972  that would become CBS Radio and it was founded as </span>Infinity Broadcasting Corporation.
3 0
4 years ago
obinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary d
ZanzabumX [31]

Answer:

Robinson's deferred income tax expense or benefit for the current year would be $6,700

Explanation:

The computation of the deferred income tax expense or benefit for the current year is shown below:

= Deferred tax expense - adjustment of tax based on the tax rate

where,

Deferred tax expense = (Favorable temporary differences - unfavorable temporary differences) × corporate tax rate

= ($50,000 - $20,000) × 21%

= $6,300

And, the adjustment of tax equals to

= Net taxable temporary difference × (Tax rate - corporate tax rate)

= $100,000 × (34% - 21%)

= $13,000

Now put these values to the above formula  

So, the value would equal to

= $6,300 - $13,000

= $6,700

6 0
3 years ago
Zacher Co.'s stock has a beta of 1.40, the risk-free rate is 4.25%, and the market risk premium is 5.50%. What is the firm's req
mihalych1998 [28]

Answer:

The answer is option (C). The firm's required rate of return=11.95%

Explanation:

The required rate of return can be expressed using the formula below;

RRR=RFR+B(MRR)

where;

RRR=required rate of return

RFR=risk free return

B=beta

MRR=market rate of return

In our case;

RRR=unknown

RFR=4.25%

B=1.4

MRR=5.5%

This can be written as;

Required rate of return=risk free return+(beta×market rate of return)

replacing;

RRR=4.25%+(1.4×5.5)

RRR=(4.25%+7.7)=11.95%

The firm's required rate of return=11.95%

5 0
4 years ago
In the long run a company that produces and sells kayaks incurs total costs of $15,000 when output is 30 kayaks and $20,000 when
den301095 [7]

I am not sure what your other choices are, but this choice is not correct.

Economies of scale deal with marginal costs and NOT total costs. You would always expect TOTAL costs to go up when you produce more of an item, even when you have economies of scale. Economies of scale says that costs go up LESS with each new unit up until a certain point

4 0
3 years ago
Other questions:
  • Productivity increases when
    5·1 answer
  • At an output level of 15,200 units, you have calculated that the degree of operating leverage is 2.60. The operating cash flow i
    14·1 answer
  • Chadwick Enterprises, Inc., operates several restaurants throughout the Midwest. Three of its restaurants located in the center
    15·1 answer
  • Luke is the owner of Fun Times, a U.S. event-planning company. He plans to open an event-planning company, Events &amp; Adventur
    5·1 answer
  • Alex Guerin is an artist who sells his work under consignment (he displays his work in local barbershops, and customers purchase
    5·1 answer
  • Olympus Climbers Company has the following inventory data:
    10·1 answer
  • Sebastian Motors is a family-owned car dealership with two locations in central France. The car dealership markets BMWs and Mini
    11·1 answer
  • Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $25,000. The estimated useful life was
    15·1 answer
  • Net working capital:
    8·1 answer
  • Windsor, Inc., opened an incorporated dental practice on January 1, 2022. During the first month of operations, the following tr
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!