Why is diversification considered riskier than market penetration, product development, and market developmentstrategies?

Q: What is the difference between "market penetration" and "Diversification"?

A: Market penetration and diversification are two market strategies adopted by the companies to…

Q: In relation to the low levels of diversification, mention an example (a company) and explain

A: A diversification strategy is generally used when the organization wishes to grow. Diversification…

Q: How does Inditex engage in related diversification?

A: Inditex company was set up in 1985 it acted as a holding company for Zara and its other…

Q: Three (3) reasons each why

A: Ansoff matrix can be implemented when there a company reaches a certain point in its evolution.…

Q: Arrange the six elements of PESTEL based on their level of importance to an entrepreneur. And…

A: Introduction:- PESTEL analysis is an efficient process that administrators can use to integrated…

Q: defensive diversification explanation

A: The more the firm grows, the more the competitions are to be faced.

Q: When does business diversification become a consideration for companies?

A: Business diversification refers to a strategic decision to enter a new market or develop new…

Q: business potential for halal food products in Europe and North America?

A: Halal food is a kind of food which is slaughtered by the Islamic way of slaughtering. In this…

Q: Why might a company wish to remain a competitor in an industry despite low or declining…

A: A company is run by individuals who come together to achieve certain goals and objectives and attain…

Q: Why does a company need to consider its currentmarketing situation, including competitive trends,…

A: The term market share refers to the percentage of sales made by the company in ts entire industry.…

Q: “The competing concepts under which organizations have conducted marketing activities include: the…

A: We need to understand that all concepts such as production, selling, marketing strategies, and…

Q: "business growth through diversification.When does diversification becomes less productive ? "…

A: Most of the firms doing business prefer to enhance their growth by diversifying their products or…

Q: ow would you appraise your own potential for becoming an enterprenuer?

A: There are many ways an individual can appraise his own potential for becoming an entrepreneur: A…

Q: Describe why your company needs to diversify. What problem will diversifying the company solve? What…

A: Diversification is the type of strategy which helps in reducing risk by entering into new product…

Q: What is the best marketing strategy you can use in your eco-farm business to attract more tourists?

A: Eco-farm  - Eco-farm or Ecological farming is a pioneering approach to farming practices. It aims at…

Q: characteristics of an attractive industry? How would you identify that a target market is attractive…

A: Targeting strategy breaks a large market into smaller homogeneous segments to concentrate on a…

Q: Compare and contrast related and unrelated diversification. When will unrelated diversification be…

A: Diversification Strategies- This strategy is used when the company aims to fill the gap by a…

Q: "Moderate to high levels of diversification...".   Mention two examples

A: Introduction- Diversification, in general, refers to expanding a company's operations by operating…

Q: Does diversification reduce risk? How?

A: Diversification is "not to put all eggs in one basket" , by the use of diversification one can…

Q: your prior knowledge about the topic, please analyze the pictures below and list down at least three…

A: An entrepreneur is an individual who starts his/her own business venture. He enjoys all the profits…

Q: Texas university has decided to pursue growth through diversification. Your have to advise them on…

A: Diversification is a growth strategy that entails entering a new market or industry - one in which…

Q: Describe the strategies market challengers can adopt and explain why challengers might have an…

A: A market challenger can be described as company who tries to expand its business and customer base…

Q: compare on contrast the following: Divestiture versus Diversification

A: A divestiture can refer to a business unit's partial or full disposal through exchange, sale,…

Q: Explain the four market-product strategies in diversification analysis.

A: The four market- product strategies in diversification Analysis is a Ansoff Matrix. It is a tool for…

Q: Why should owners of confectionery businesses diversify their products?

A: Diversification means the companies will introduce new varieties and will enter into new market. By…

Q: Explain related and unrelated diversification strategies. Illustrate your answer with examples.

A: Diversification strategies are used to expand corporate activities by introducing customers, goods,…

Q: Why is a good marketing plan needed for a company to flourish in the future?

A: Summary Introduction : Marketing Plan is an operational document which gives outlines for…

Q: lture growth? describe briefly

A: A marketing system can turn into an immediate wellspring of new specialized information and initiate…

Q: Compare and contrast industry market potential and company sales potential. How is an estimate of…

A: Mаrketing  mаy  be  defined  аs  thоse  рrоmоtiоnаl  оrgаnizаtiоnаl  асtivities  whiсh  helр  in…

Q: What are the types of corporate diversification? Explain them in detail.

A: Every business wants to seek growth in many ways and diversification is one of them. Diversification…

Q: What will happen to a business without any marketing strategy?

A: The marketing strategy is a thorough plan created expressly to satisfy the marketing objectives of…

Q: Briefly discuss when it makes good strategic sense for a company to consider diversification.

A: Diversification for a business can be a very challenging decision for the company. It is not a…

Q: What industry do you operate in, and what are theindustry-wide trends?

A: The industry-wide trend is a competitive trend and every organization is following them to gain…

Q: Trader Joe's internal market strategy? Trader Joe's diversification?

A: DISCLAIMER: Thank you for posting your question here, although you have asked more than one…

Q: If a company opted to pursue a strategy of related diversification, what industries or product…

A: Diversification is the act of spreading the ventures around so that the venture openness to any one…

Q: tional and entr

A: Entrepreneurship and marketing advantage is a significant issue for a few reasons. In the first…