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
Vikentia [17]
2 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]2 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.

You might be interested in
Assume that a radiology group practice has the following cost structure: Fixed costs = $500,000 Variable cost per procedure = $2
solniwko [45]

Answer:

(a) $91.67

(b) $687,500

(c) $625,000; $750,000

(d) $125; $91.67; $75

Explanation:

(a) Underlying cost structure:

= [($25 × 7,500) + $500,000] ÷ 7,500

= $91.67

(b) Expected total cost:

= $500,000 + ($25 × 7,500)

= $687,500

(c) Estimated total cost at 5,000:

= $500,000 + ($25 × 5,000)

= $625,000

Estimated total cost at 10,000:

= $500,000 + ($25 × 10,000)  

= $750,000

(d) Average cost per procedure at 5,000:

= [($25 × 5,000) + $500,000] ÷ 5,000

= $125

Average cost per procedure at 7,500:

= [($25 × 7,500) + $500,000] ÷ 7,500

= $91.67

Average cost per procedure at 10,000:

[($25 × 10,000) + $500,000] ÷ 10,000

= $75

7 0
3 years ago
At December 31, 2018, before any year-end adjustments, Bramble Company's Insurance Expense account had a balance of $2620 and it
zhuklara [117]

Answer:

Adjusted balance of Insurance Expense A/c = $2,800

Explanation:

There is some insurance expense already charged amounting $2,620

Further out of prepaid insurance the expense for the period = $2,800

This shall also be charged to expense as relates to current period.

Therefore, total expense for the period shall be $2,620 + $2,800

For this, entry will be:

Insurance expense A/c Dr.       $2,800

       To Prepaid Insurance A/c                        $2,800

Therefore, net adjusted balance of insurance expense = $2,620 + $2,800 = $5,420

5 0
2 years ago
a report made to the U.S. Congress in 2001, the National Academy of Sciences cautioned that if fuel economy encourages the produ
kakasveta [241]

Answer:

there is a tradeoff between safety and fuel economy

Explanation:

Tradeoff is also known as opportunity cost. It is the cost of the next best option forgone when one alternative is chosen over other alternatives

By choosing fuel economy, auto manufacturers are reducing safety of cars. This is an example of a tradeoff

6 0
2 years ago
As of December 31, Bayer, Inc., agrees to provide a bonus of $50,000 to its employees (to be equally shared by all). The bonus w
mafiozo [28]

Answer:

Dec. 31

Dr Bonus expense $50,000

Cr Bonus payable $50,000

Explanation:

Preparation of the December 31 adjusting entry for Bayer.

Based on the information given we were told that they agreed to provide a bonus of the amount of $50,000 to its employees which will be equally shared by all of them in which The bonus will be paid in January which means that the journal entry will be:

Dec. 31

Dr Bonus expense $50,000

Cr Bonus payable $50,000

8 0
3 years ago
Based on the systems viewpoint, a restaurant’s ability to accept cash, credit, or both, is associated with which part of a syste
marishachu [46]

Based on the systems viewpoint, a restaurant’s ability to accept cash, credit, or both, is associated with its transformational processes. Option B

This is further explained below.

<h3>What are transformational processes?</h3>

Generally, A transformation process is any activity or set of activities that take in one or more inputs, modify them and add value to them, and then provide outputs for customers.

In conclusion, The capacity of a restaurant to take cash, credit, or both forms of payment is linked to the business's transformative processes, when seen from a systems perspective.

Read more about transformational processes

brainly.com/question/14850176

#SPJ1

complete question

Based on the systems viewpoint, a restaurant's ability to accept cash, credit, or both, is associated with which part of a system?

A.outputs

B.transformational processes

C.financial

D.feedback

E.inputs

8 0
1 year ago
Other questions:
  • Shaw Company sells goods that cost $300,000 to Ricard Company for $410,000 on January 2, 2020. The sales price includes an insta
    14·1 answer
  • You've just created and e-mailed the financial statements to your boss? What is the next step you should do in accounting cycle?
    15·1 answer
  • Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d
    9·1 answer
  • What type of group is created by a larger group or by a person in a position of authority for the purpose of doing or completing
    14·1 answer
  • When creating a budget, you should use...
    7·1 answer
  • Suppose the mean income of firms in the industry for a year is 75 million dollars with a standard deviation of 17 million dollar
    5·1 answer
  • First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled
    11·1 answer
  • What is an example of a good stock to buy during economic expansion?
    15·1 answer
  • Marie purchases a test to use for customer service representative applicants. The vendor that sells her the test explains that t
    13·1 answer
  • The gdp price index equals?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!