During the planning process, if there is a gap between future desired sales and projected sales, corporate management will need to develop or acquire new businesses to fill it
Identify and describe the three strategies that can be used to fill the strategic gap.
The first option is to identify opportunities to achieve further growth with current businesses (intensive growth opportunities). The second option is to identify opportunities to build or acquire businesses that are related to current businesses (integrative growth opportunities). The third is to identify opportunities to add attractive businesses that are unrelated to the existing businesses (diversification growth opportunities).
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Lakeside Company has not declared nor paid dividends on its cumulative preferred stock in the last three years. These dividends should be reported
a. in a note to the financial statements. b. as a reduction in stockholders' equity. c. as a current liability. d. as a noncurrent liability. e. None of these choices is correct.
What are the three types of research and what research objectives do these methods attempt to achieve?
What will be an ideal response?
Flitter reported net income of $19,000 for the past year. At the beginning of the year the company had $203,000 in assets and $53,000 in liabilities. By the end of the year, assets had increased to $303,000 and liabilities were $78,000. Calculate its return on assets:
A. 35.2%. B. 7.5%. C. 6.3%. D. 9.4%. E. 24.0%.
The state variables of a restaurant change when a customer arrives, when an order is taken, and when the food is served. As such, the restaurant can be represented with a continuous simulation model
a. True b. False