With regards to a firms product line, a cost leadership strategy would strive for Focused section of the market while a differentiation strategy would strive for broad cross section of the market.
<h3>
What is Expansion Strategy?</h3>
An expansion strategy can also de defined as a growth strategy. The major concern of business firms is to achieve faster growth, compete, achieve higher profits, grow a brand, capitalize on economies of scale, have greater impact, or occupy a larger market share.
There are basically two types of expansion strategies, they include
- Cost leadership
- Differentiation Strategy.
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Answer:
may give rise to conflicts of interest between dominant shareholders and small outside shareholders.
Explanation:
Concentration of ownership of a firm occurs when only a person or a few individuals own large portions of the company.
Decision making on important aspects of the business are taken by these circle of people.
Concentrated ownership is an internal governance system where the majority owners have high degree of control on how the business operates.
This leads to conflict between the major owners and other small shareholders. The small shareholders may feel left out in decisions concerning the business.
Answer:
a. All of the answers are correct
Explanation:
For a company it is equally vital to meet the number of orders and to maintain the quality of their products.
For this, there are certain measures to ensure quality:
- No production is possible in a practical scenario with zero defects, thus a standard defined percentage of defects shall be maintained, and defects shall not increase from such defined percentage.
- Number of on-time deliveries shall be taken care of, as for maintaining quality the company can not increase time to produce such products, and shall meet the deliveries.
- Often after a sale, there is a customer feedback form, which helps the company know about the customer satisfaction and detailed report of their products. This enhances the quality review of the product.
- Sometimes there is a rework performed on the units produced as is defective, and the defects can be removed from rework, thus amount spent on rework, shall ensure the quality of products delivered to customers.
Therefore, correct option is:
a. All of the answers are correct.
It is a statement of the owners equity. I hope this helps :)
ANSWER- Reduce the four largest spending categories by 20%
If the four largest spending
categories are reduced by 20%, a budget deficit worth 15% of total spending would
be most quickly corrected. This is because this cut down in the four largest
spending categories will have a huge impact on the overall economy.