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Vikentia [17]
3 years ago
11

Avon was known as the company that sold cosmetics door-to-door for a long time. In order to grow and reach new markets it began

to sell jewelry through its door-to-door sales force. This involved marketing new products through existing channels of distribution. It also is now selling its products by mail order and has opened retail stores. Avon is an example of a company effectively using which strategy?
Business
1 answer:
Airida [17]3 years ago
3 0

Answer:

diversification strategy

Explanation:

In Business, diversification strategy refers to the strategy that company implemented in order to enter more than one markets in their overall operation.

Diversification strategy can be done by creating different varieties of products. This will help the company obtain new batch of costumers with different taste/preference who cannot be obtained with their old products.

On top of that, diversification also can be done by selling the products in different methods. This usually made to target different customers who have their own preference in shopping's. For example, if a company is used to sell most of their products through store, opening an online store would be one good example of divarication through different selling methods.

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An example of the time-management strategy of using wait-time is
m_a_m_a [10]
An example of this would be completing your assignment while you ride the train, or bringing your assignment with you while you wait at the doctors office for your appointment
5 0
4 years ago
What do law enforcement public safety corrections and security agencies usually provide to help their employees manage stress Pl
Furkat [3]

Answer:

The following have been discovered to be of help in reducing stress for law enforcement and public safety officials such as the Police and Military.

  • Attaining and maintaining work-life balance
  • deliberately taking out time for leisure activities
  • Keeping a very positive mindset always
  • setting and pursuing after goals and avoiding procrastination
  • Planning their daily work for enhanced effectiveness

Explanation:

Stress amongst law enforcement officials and public safety officials has become very crucial due to the following reasons:

1. It's easy for stress to go on for a prolonged period of time in the lives of these officials because of the nature of their work.

2. They are always in the face of danger and have to take life-or-death decisions/risks very often.

3. Relative inconclusive nature of their work

4. Frequent changes in shifts

5. Financial challenges and

6. In some cases health challenges of the officers in question or loved ones.

Stress amongst Law enforcement officials are very difficult to track because as they are trained to be and look tough...hence a the thinking is that a demonstration of weakness or admission of challenges could be interpreted as incompetence or inability to continue on the job.

Cheers!

4 0
3 years ago
What is the estimated economic profit in this example if the farmer plants watermelon on 500 acres??
Rzqust [24]

The economic profit is calculated by,

Economic Profit = Total Revenue (TR) – ( Explicit Cost + Implicit Cost)

Total Revenue= 500 acre  $6400 = $3200000

Explicit Cost (Cost of land , Labor , capital) per acre = Machinery Ownership costs + Land Charge + overheads = 155+120+350 = $625

Explicit Cost for 500 acres = 500 acres  $625 = $ 312500

Implicit Costs are not given

Economic Profit =  $3200000 - $ 312500 = $ 2887500

Hence the economic profit is  $ 2887500.

<h3>Describe Economic Profit?</h3>

The difference between the revenue generated by the sale of an output and the prices of all inputs used, as well as all opportunity costs, is known as an economic profit. Possibility expenses and explicit costs are subtracted from earned revenues to establish economic profit. Economic profit is necessary because it helps examine an industry's financial and economic progress.

To learn more about Economic Profit, visit

Visit; brainly.com/question/7539101

#SPJ4

3 0
2 years ago
Jim&amp;Jenny Inc., an investment service firm, regularly donates to nonprofit organizations for various social causes and event
kondor19780726 [428]

Jim&Jenny Inc., an investment service firm, regularly donates to nonprofit organizations for various social causes and events. This scenario illustrates that the company is fulfilling its Corporate social responsibility.

<h3><u>Explanation:</u></h3>

A policy that an organisation follows through which it involves in some charitable activities or contributes something to the society in fulfilling its social goal refers to corporate social responsibility. It can be considered as an ethical strategy that is followed by an organization. It was also considered as a mandatory practice by many organisation operating at different levels.

In the example given, the organisation named Jim&Jenny Inc denotes to non profit organisation for many social causes and events. Hence this scenario can be considered as a corporate social responsibility of that firm and hence it is fulfilling it.

4 0
3 years ago
Which of the following is an asset use transaction?
attashe74 [19]

Answer:

a. Purchased machine for cash

Explanation:

Purchase of machinery is an asset use transaction is reduce the cash as an asset to purchase a machine. All the other options do not use/ reduce any asset in the transactions.  The investment is the interest earning account is actually considered as cash equivalent, so it does not use the asset. So, option a is appropriate answer.

7 0
3 years ago
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