Diversification in businesses merit powerful consideration
When is Diversification in other businesses merit powerful consideration?
Expert
Diversification into other businesses merits powerful consideration when:
i. The organization is faced with diminishing market opportunities and stagnating sales in its main business.
ii. It can expand into industries whose products and technologies complement its current business.
iii. It can leverage existing capabilities and competencies by expanding into businesses where these same resource strengths are important competitive assets.
iv. Diversifying into intimately related businesses opens new avenues for dropping costs.
v. It has a well-known and stronger brand name that can be moved to the items of other businesses.
What do you mean by Negative reinforcement which is a part of reinforcement theories? Briefly describe it.
Briefly illustrate the term Concern for Production?
Mentions the characteristics of R.A. 7877?
Who are the main participants in the business buying procedure? Briefly illustrate it.
Briefly define the term reinforcement theories?
What are the additional managerial actions to endorse improved strategy execution?
Illustrates the introduction of competing in foreign markets?
Explain about the getting strategic fits in a Decentralized Structure.
What are the Strategies of Unrelated Diversification?
What are the three faces of making the image of competition?
18,76,764
1953461 Asked
3,689
Active Tutors
1420006
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!