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
zavuch27 [327]
3 years ago
7

Recently the top management of Lucky cement decided to start a new business in completely new market with new product lines i.E.

Lucky One Mall. Identify the corporate level strategy used by the firm. Justify your answer.
Business
1 answer:
vfiekz [6]3 years ago
4 0

Answer:

Diversification

Explanation:

Corporate level strategy is a decision made by the top management of a firm with the aim of seeking new business methods to expand an already existing business. Diversification is a corporate level strategy in which an organization ventures into a completely new market with new product lines.  The diversification could be related to the existing products the company operates (concentric diversification) or to an unrelated market(conglomerate diversification).

When Lucky Cement decided to start a new business in completely new lines, they have just embarked on diversification. The diversification might also be to just one product or different products.

You might be interested in
Which of these starbucks® coffees was the very first blend we released
spayn [35]

According to Starbucks, the starbucks® coffee that was the very first blend released is " a mix of excellent Latin American beans seared to a glistening, murky chestnut color."

These delicious Latin American beans are prepared with a combination flavor of toffee and cocoa.

Starbucks first prepared this variety in 1971 when the company commenced production in Seattle.

Starbucks is one of the most popular coffee producers in present-day America.

Hence, in this case, it is concluded that the starbucks® coffee that was the very first blend released is " a mix of delicious Latin American beans seared to a glistening, murky chestnut color."

Learn more here: brainly.com/question/20533939

8 0
3 years ago
Read 2 more answers
If the accountant did not prepare the elimination entry of unrealized profit in inventories at the end of any year, this will af
mojhsa [17]

Answer:

If the accountant did not prepare the elimination entry of unrealized profit in inventories at the end of any year, this will affect the consolidated net income in that year and in all subsequent years". Discuss the accuracy of this statement and support your answer with a numerical example

5 0
3 years ago
The Henry Ford Health System (a health care provider) has set strict limits for pharmaceutical representatives and will no longe
Allisa [31]

Answer:

The options for this question are the following:

A) it reduces the possibility that the Henry Ford Health System might make unethical purchasing decisions.

B) it ensures that the Henry Ford Health System is both

ethical and socially responsible.

C) it was trying to save money.

D) it increases the Henry Ford Health System's socially responsible behavior.

E) it ensures that the Henry Ford Health System is socially responsible, but not necessarily ethical.

The correct answer is A. it reduces the possibility that the Henry Ford Health System might make unethical purchasing decisions

Explanation:

The Henry Ford Health System (HFHS) is a complete integrated nonprofit, managed care, healthcare organization in the Detroit Metro. The corporate office is located in a Ford, Detroit, Michigan location. Henry Ford established the health system in 1915, and is currently headed by a council of 17 management members. Henry Ford also owns the Health Alliance Plan health insurance company.

4 0
4 years ago
he information systems department prides itself on being on the edge of high-tech course offerings. They were the first departme
alexgriva [62]

Answer: Technology

Explanation:

The options relating to the question are:

A) The environment.

B) Technology.

C) Geographical location.

D) Critical incidents.

Based on the information given in the question, we can infer that Corporate culture in this department is probably most affected by technology.

Since they were the first department to create online classes and also they were the first to solve the issues that were associated with these offerings, it simply means that they department was mostly affected by technology.

Lastly, Wally knowing that his subcutaneous chip was only a hiring decision away was because he knew that the department focused on technology.

Other options such as environment, geographical location and critical incidents are wrong in this case.

7 0
3 years ago
At the beginning of the current year, both Doug and Amelia each own 50% of Amaryllis Corporation (a calendar year taxpayer). In
kap26 [50]

Answer:

Kevin has dividend income of:_______

a. $150,000.

Explanation:

Kevin became a 50% shareholder of Amaryllis in July.  So, Kevin is entitled to receive 50% of any distributions made by Amaryllis from the July date.  Since Amaryllis distributed $300,000 on November 1, Kevin will receive a dividend income equivalent to $150,000 from Amaryllis.  The remaining 50% goes to his partner in business.  Kevin could not be entitled to the distribution made on February 15, by which date he was not yet a shareholder of Amaryllis.

6 0
3 years ago
Other questions:
  • Registration is not essential for corporations<br> True or false
    10·1 answer
  • Check my work Check My Work button is now disabledItem 6Item 6 10 points Suppose the supply curve of portable radio rentals in G
    7·1 answer
  • Which of the following do lenders take into account before issuing unsecured debt?
    8·2 answers
  • Please answer quickly will be made brainliest
    6·2 answers
  • When an accountant is associated with a financial statement as part of a personal financial planning engagement, the accountant'
    10·1 answer
  • Financing cash flows in the statement of cash flows would include which of the following?
    10·1 answer
  • Suppose you want to invest $10,000. You have two options: Option #1: Invest in municipal bonds with an expected return of 8.00%,
    10·1 answer
  • What type of money does jewelry represent?
    15·2 answers
  • A maker of soaps and lotions noticed a blind person having difficulty comparing products while shopping in one of her stores. Sh
    13·1 answer
  • markets for goods and services appear in a number of forms. in perfectly (or purely) competitive markets: i. there are large num
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!