The benefits of diversification include; the growth of the market shares and the invention of revenue streams. Another benefit is the elevation of revenue and sales in the business. What is the best example of related diversification? The best example of related diversification is Apple company. ...
If the chemist decides to sell specific medications, in cooperation with the pharmacy next door, we are talking about related diversification.Should all of the above strategies fail to have an effect, selling or bankruptcy are the only remaining options.Quadrant 4 – Strong competitive position & ...
See all related content Top Questions What is the biosphere? What is the role of the biosphere? What are the abiotic and biotic components of the biosphere? biosphere, relatively thin life-supporting stratum ofEarth’s surface, extending from a few kilometres into theatmosphereto the deep-sea ...
reconciliation, and workflow creation and management. They can also answer specific questions related to your books and your business. Some basic bookkeeping services may not be included and will be determined by your Live Bookkeeper. The Live Bookkeeper will provide help based on the information yo...
See all related content zoology, branch ofbiologythat studies the members of theanimalkingdom and animal life in general. It includes both the inquiry into individual animals and theirconstituentparts, even to the molecular level, and the inquiry into animal populations, entire faunas, and the rel...
9. Diversification This type of business growth strategy can be risky, but also has a high return when executed correctly. Diversification means that sales teams sell either new products, or sell to new markets — or, in some cases, both. ...
Realistic: Realism and achievability are closely related. That’s why you need to look at where you are now before you can decide what you plan to achieve. Do you have the necessary capital at your disposal? If you raise funds, what will it take to cover loan repayments? Do you have ...
Yes, that’s recent when seen from an evolutionary point of view! So, one can estimate how many humans have ever lived. Diversification Majorly, the diversity of life forms in terrestrial ecosystems which are a part of bigger ecological complexes has been studied as compared to aquatic (specifi...
of 1.0 means that two variables have a perfectly positive correlation. As one variable changes, so does the other. Though this does not mean that one variable directly impacts the outcome or changes to the other, both variables always move in tandem and are most likely highly related. ...
The study cited the use of the term resource curse in countries in Africa, Latin America, the Middle East, and the former Soviet Union. This brings out theimportance of diversification. If a country is too dependent on one or two resources, it can have severe and negative effects to its ...