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vovangra [49]
3 years ago
9

Please help! Two paragraphs. Be as detailed as possible. Include examples. Will get brainliest.

Business
1 answer:
anastassius [24]3 years ago
7 0

Answer:

Diversification is short means that the activities of the business are diversified or classified.

Explanation:

Diversification is the term which is defined as the process that involve the addition of the new services or the products, which significantly are unrelated and with no commercial as well as no technological similarities. For example, if a computer company, who decides or took a decision relating for producing the notebooks, then the company or the business is pursuing or following the strategy of the diversification.

The benefits or advantage which the business get from diversification is as:

Growth of business - When the company diversify their activities, they get more involved in the making their business to grow more and earn huge profit.

Help in focusing - It will help the management to be more focused on the activities that are more important for the business to grow and develop.

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The following lots of a particular commodity were available for sale during the year:Beginning inventory 10 units at $60First pu
zlopas [31]

Answer:

$3,585

Explanation:

The computation under the FIFO method is shown below:

The total purchase units equal to

= 10 units + 25 units + 30 units + 15 units

= 80 units

Out of 80 units, the 25 units are sold, so the remaining 55 units are come under the ending inventory. The classification is shown below:

10 units at $60 = $600

25 units at $65 = $1,625

20 units at $68 = $1,360

So, the total would be

= $600 + $1,625 + $1,360

= $3,585

3 0
2 years ago
Select the incorrect statement regarding the cash budget. Multiple Choice Cash inflows and outflows indicated on the cash budget
babunello [35]

Answer:

The incorrect statement regarding the cash budget is :

The total cash available is calculated by adding cash receipts and the ending cash balance.

Explanation:

The Cash available is calculated by <em>adding</em> the Cash Receipts to the Opening Cash Balance <u>instead of</u> the Ending Cash Balance.

The Cash that is available would then be used to meet cash expenditures for the anticipated period.

6 0
3 years ago
Why do you think that the small stuff makes such a difference for business?
svetoff [14.1K]
I think small stuff makes such a difference for businesses because you have to take risk if you want to be successful and with those little risks the businesses are successful
6 0
3 years ago
As a​ rule, product decisions are likely to be highly involving if the consumer believes there is a great deal of​ ________. thi
Stella [2.4K]

If there is a high level of PERCEIVED RISK, then consumers will take more time and effort in making a decision.

Think for example buying a house versus buying a soda.

There is not much thought needed when you are buying a soda. Choose which brand and what size, you are done.

When buying a house, because it is both more complex and more expensive, there is a greater perceived risk of losing money. When buying a home, it is a large investment and carries much risk, therefore the consumer will take more time and effort evaluating the purchase decision.

8 0
3 years ago
Why is a company's sales budget developed before the production budget? a : the company needs to find ways to sell as many units
Archy [21]

Answer:

B

Explanation:

the company only wants to produce as many units as it expects to sell.

The sales budget is first developed before the production budget because the sales budget can forecast earnings. What the sales budget does is to calculate the amount of income it will get from sales activities over the calculated time period. The production budget will then use this data from the company's sales budget to make calculations on the number of products the company would have to produce over the period of time.

4 0
3 years ago
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