Aster Inc is an American firm that manufactures motorcycles under the brand name AsterBikes. The firm conducts a market research to identify alternative sources of sales growth by leveraging its core competencies and competitive advantages
Based on its market research and analysis, the firm decides to enter the automobile industry, and introduces a line of Aster ComfortCars. In this example, Aster Inc is using which of the following offensive strategies?
A) enter unrelated new markets
B) develop new markets
C) harvest for cash flow
D) divest for cash flow
E) enter related new markets
E
You might also like to view...
Under the alternative method for recording prepaid expenses, which is the correct set of journal entries?
A.
| Initial Entry | Adjusting Entry |
| Insurance Expense | Prepaid Insurance |
| Cash | Insurance Expense |
B.
| Initial Entry | Adjusting Entry |
| Prepaid Insurance | Cash |
| Insurance Expense | Prepaid Insurance |
C.
| Initial Entry | Adjusting Entry |
| Cash | Prepaid Insurance |
| Insurance Expense | Insurance Expense |
D.
| Initial Entry | Adjusting Entry |
| Prepaid Insurance | Prepaid Insurance |
| Cash | Insurance Expense |
E.
| Initial Entry | Adjusting Entry |
| Prepaid Insurance | Insurance Expense |
| Cash | Prepaid Insurance |
Noncash assets invested into a partnership are recorded at
A) their fair market value. B) their carrying value. C) zero. D) their original cost.
How should each team member end their speaking contribution in team huddle?
a. describing a problem that was solved b. suggesting a new course or strategy for the team c. describing a problem that still needs addressing d. giving a personal evaluation of another team member
A member's distributional interest in an LLC (limited liability company) is ________ and may be transferred in whole or in part
A) a vote B) a proxy C) personal property D) an authority in management