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NeTakaya
3 years ago
12

Groundswell Industries, a U.S.-based large conglomerate, competes in the hospitality, education, telecommunications, entertainme

nt, airlines, and chemical industries. It currently operates in about 30 nations, and is planning to expand its portfolio by investing in rapidly developing countries. Which of the following strategies is Groundswell Industries pursuing?(A) zone pricing(B) niche marketing(C) product-market diversification strategy(D) process diversification strategy
Business
1 answer:
OLga [1]3 years ago
3 0

Answer:C. Product-market diversification strategy

Explanation: Product-market diversification strategy is a business strategy where a company invests in different product lines like FOOD,MEDICALS, ENGINEERING,CEMENT etc and in different markets. This will make the Business organisation to be very versatile and able to over come certain harsh economic conditions. Many international and multinational companies have pursued this strategy to enhance their overall business growth and development.

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$19,478

Explanation:

<u>Computation of tax liability</u>

i. Total income excluding LTC gain = 108,000 - 5,800 = 102,200

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So, Gross Tax liability = $18607.50 + $870 = $19477.50 = $19,478

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3 years ago
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In terms of international economics, a country's balance of payments is the difference between the total amount of money coming into the country over a specific time period and the total amount of money leaving the country for the rest of the world.

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A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming
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It can be noted that when the addition of more features to an existing product overwhelm the customers, it is known as feature fatigue.

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