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
Tamiku [17]
3 years ago
13

It becomes particularly urgent for a company to consider diversification when there are needs to avoid putting all of its "eggs"

in one industry basket. diminishing market opportunities and stagnating sales in its principal business.
Business
1 answer:
Lisa [10]3 years ago
8 0
The answer to this question is <span>diminishing market opportunities and stagnating sales in its principal business.
Companies should only consider diversification if the previous product that thye make is already succesful and they have enough capital to pursue another segment of the market. If the sales is still stagnant,  it best to use the capital to reinvest in the current product until the growth is assured. (or even just stop the production for that product and start pursuing another)</span>
You might be interested in
Green Manufacturing Company produces a product that has a variable cost of $30 per unit. Fixed costs amount to $240,000. The sel
Amiraneli [1.4K]

Answer:

A. 40,000 units

Explanation:

To break even, the total cost must be equal to the total revenue. The cost elements are the fixed and variable cost. The variable cost is dependent on the level of activities.

Let the number of units required to breakeven be g

cost = sale

30g + 240,000 = 36g

36g - 30g = 240000

6g = 240000

g = 40000

The company must produce and sell 40000 units to break even.

3 0
4 years ago
Mijka Company was started on January 1, 2018. During 2018, the company experienced the following three accounting events: (1) ea
lara [203]

Answer:

Explanation:

Income Statement

                                                $

Revenue                              32,800

Expenses                           <u> (14,600) </u>  

Profit                                  <u>  18,200  </u>

Statement of changes in stockholders’ equity

Retained Earnings :

Profit for the year                            18,200

Cash dividend paid                        <u>(2,900 )</u>

Retained earnings as at 31/12/18  <u> 15,300 </u>

Balance sheet

Current Asset :

Cash Balance ( 32,800-2900)   29,900

Stockholders' Equity :

Retained earnings                         15,300

               

6 0
4 years ago
The management of a facility that manufactures parts for car brakes has a policy of testing only some of the items in each produ
Arisa [49]

Answer:Quality control

Explanation:

The act of supervising all the jobs to achieve the desired excellence is termed as quality control. In general, its purpose is to identify the defects in a lot by checking a few items.

Every company device a method to identify the defects and thus eliminate the defects. Quality control team do not correct the mistake instead they notify another team to correct the defect.

8 0
3 years ago
Which of the following is the best way to help build your self-esteem?
just olya [345]

Answer:

The correct answer is D. Know your abilities.

Explanation

Self-esteem is the feeling that makes people worry about themselves and arouses the feeling of self-preservation; this is related to the way we value ourselves and we feel confident about our abilities, personality, and attributes. Due to this, one of the first steps to build or improve self-esteem is to know yourself and appreciate positive aspects such as attributes, strengths, talents, abilities, etc. Also, it is important to recognize negative aspects but to avoid focusing on these. As a result, you can understand your own value and appreciate or love yourself for this. So, the correct answer is A. Know your abilities.

6 0
3 years ago
Read 2 more answers
How can a company economically benefit by producing green products?
Crank

Answer:

the correct answer is C. by earning tax benefits

Explanation:

it is a common practice in many countries to provide tax rebates, reliefs and even special lower tax rates for environmentally friendly green products and environmental friendly production processes. this is a main way a company can benefit by having a green business model.

3 0
3 years ago
Other questions:
  • During the current year, Merkley Company disposed of three different assets. On January 1 of the current year, prior to the disp
    14·1 answer
  • An increased focus on health and wellness has resulted in a number of new business ideas including healthier foods and beverages
    14·1 answer
  • The following is a news item reported by Reuters: WASHINGTON, Jan 29 (Reuters)—Crossfire Medical Group, a maker of reconstructiv
    7·1 answer
  • QUESTION 23
    14·1 answer
  • The chairperson of the nursing faculty leads the monthly meetings of the curriculum committee. This permanent group, which is as
    6·1 answer
  • Suppose that the risk-free rates in the United States and in Canada are 5% and 3%, respectively. The spot exchange rate between
    7·1 answer
  • Help? Its for personal finance.
    8·2 answers
  • The difference between consumption and capital goods is that Group of answer choices only big corporations can afford capital go
    7·1 answer
  • Assume that an apple farmer must decide how many apples to harvest for the world apple market. He knows that there is a one-thir
    15·1 answer
  • During Year 1, Hardy Merchandising Company purchased $20,000 of inventory on account. Hardy sold inventory on account that cost
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!