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mixas84 [53]
3 years ago
8

Quality services is an organization that operates several companies that market food products, restaurant equipment, and paper a

nd plastic products, and it even has a division that counsels restaurant owners, helping them launch new restaurants successfully. quality services is pursuing a _____ strategy.
Business
1 answer:
Vinvika [58]3 years ago
3 0
<span>The answer is "quality services is pursuing a "diversification" strategy.
</span>

Diversification refers to a corporate strategy to go into another market or industry in which the business doesn't work right now, while likewise making another item for that new market. This is the most dangerous segment of the Ansoff Matrix, as the business has no involvement in the new market and does not know whether the item will be effective.
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Demand for bikes has suddenly increased, and the
soldier1979 [14.2K]

When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.

<h3>What is meant by profit?</h3>

Profit is an incentive earned by a company by selling its products at a price higher than the original cost.

From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.

Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.

Learn more about the economic profit in the related link:

brainly.com/question/15699405

#SPJ1

5 0
2 years ago
2. Where do you fit in with the definition of economics<br>​
vovikov84 [41]

Answer:

middle class

Explanation:

I fit in middle class because I do not struggle and my family lives comfortably but we don't have millions

3 0
3 years ago
Hamlet, a calendar year taxpayer, owns 1,000 shares of Vanity Corporation common stock, which he purchased 2 years ago for $4,00
Tasya [4]

Answer:

Hamlet

Hamlet can recognize a loss of $1,500 in 2020.

Explanation:

a) Data and Calculations:

Number of shares in Vanity Corporation = 1,000 common stock

Period of stockholding = 2 years

Cost of investment = $4,000

Sales proceeds from shares = $2,500

Capital loss = $1,500

b) Hamlet can use the capital loss deduction of $1,500 to reduce his other capital gains of the similar term in the first instance.  Note that the capital loss is a long-term capital loss since the investment was held for two years.

4 0
3 years ago
Beachside Realty rents condominiums and furnishings. Below is the adjusted trial balance at December 31.
Lana71 [14]

Answer and Explanation:

The journal entry required to close the expense account is given below:

Income summary Dr $33,520

    To Wages Expense $19,000

    To Depreciation Expense $1,800

    To Utilities Expense $320

     To Insurance Expense $700

     To Maintenance Expense $9,000

     To Income Tax Expense $2,700

(being the expenses accounts are closed)

5 0
3 years ago
Which type of financial institution typically has membership requirements?
Archy [21]
Online comercial banking
6 0
3 years ago
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