When a company expands by entering a new business area, it is called growth through diversification.

Diversity is the means of being different, new, exciting.. something not like another. When a business enters something new, it's called diversification because it's not like what they've done before. With this comes risk but huge growth potential.

7 0

2 years ago

In path–goal theory, which leadership style is best for managing employees who are new to dealing with ambiguous, unstructured t

Semenov [28]

Answer:

Directive Leadership

Explanation:

Directive Leadership style is a leadership style where all the power is with the leader and is highly centralized and undivided.

5 0

1 year ago

A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year

lina2011 [118]

Answer:

15%

Explanation:

The computation of the internal rate of return is shown below:

Given that

Year Cash Flow

0 -$27,100

1 $11,100

2 $14,100

3 $10,100

The formula to compute IRR is

= IRR()

After applying the above formula, the internal rate of return is 15%

4 0

3 years ago