Answer:
5. They are all neccessary
Answer: A. The company has strong competitive position in its industry and industry growth is sluggish.
Explanation: Diversification is best done from a position of strength, a company should be doing well in its current industry and market before considering diversifying. A company having strong competitive position in its industry and when there is a sluggish growth in that industry, the company can diversified.
Diversification in corporate is a strategy that a company implement to increase market shares and sale volume by introducing new product in another industry and market different from the one they are operating.
Answer:
<em>B. reviews registration statements to ensure they comply with current laws and regulations.</em>
Explanation:
The Securities and Exchange Commission (SEC) is an independent federal agency which focuses on three main missions:
- Secure investors;
- Maintain reasonable, deliberate, and productive markets;
- Encourage capital arrangement.
They help investors form reasonable decisions.
In the question above, Walt asks for 10 gallons of gas while Jessie asks for $10 worth of gas. In both the cases, the drivers need gas but Walt is concerned about the quantity of gas and Jessie is concerned about the price of the gas.
In case of Walt, the price elasticity of demand is zero because he want 10 gallons of gas regardless of the price of gas per gallon. While in case of Jessie, the price elasticity of demand is one because he wants to buy gas worth $10, no matter what is the price of the gas per gallon.
