business studies

what does product diversification mean?

Look at General Electric, they have a tremendously diverse product output.

Not producing only one product, but many different products, e.g. conglomerate.

  1. 👍 0
  2. 👎 0
  3. 👁 86
asked by katie

Respond to this Question

First Name

Your Response

Similar Questions

  1. eco

    if the marginal product of capital of a firm is 120unit of output, rental price of machine is $30. and marginal product of labor is 40units of output, daily wages is $20. 1)why is this firm not maximizing output or minimizing cost

    asked by evon on October 5, 2007
  2. English

    The most effective way of controlling the quality of a product is by _______________________________. controlling the processes that make the product disciplining workers for less-than-excellent output examining the end product

    asked by Bri on November 21, 2017
  3. Math (UBC)

    Economists use production functions to describe how output of a system varies with another variable such as labour or capital. For example, the production function P(L) = 200L + 10L^2 - L^3 goves the output of a system as a

    asked by Assignment6 on October 20, 2011
  4. Math Calculus

    Economists use production functions to describe how output of a system varies with another variable such as labour or capital. For example, the production function P(L) = 200L + 10L^2 - L^3 goves the output of a system as a

    asked by Assignment6 on October 21, 2011
  5. maths

    the sum of N positive integers is 19. what is the maximum possible product of these N numbers? thx. Nice problem. Let's look at some cases 1. N=2 clearly our only logical choices are 9,10 for a product of 90 It should be obvious

    asked by Jarin on July 22, 2007
  6. Math

    If we multiply "a" and "b",when will: a. the product be larger than both "a" and "b"? b. the Product be less than "a"? c. the product be less than "b"? d. the product be less than"a" and "b"? e. the product be greater than "a"? f.

    asked by dgibson on September 3, 2006
  7. Managerial Accounting

    The overhead rate for materials handling is $10 per part based on an estimated total cost of $900. Products X & Y have 320 and 280 parts respectively. What is the overhead allocated to X & Y? A. Product X $3,200, Product Y $4,400

    asked by sabrina on October 28, 2014
  8. retail pharmacy assistant

    when a customer askes for a product by name the pharmacy assistant must ? a.ask the customer what the product is for b.supply the product without any questions c.ask the pharmacist if the product is safe d.suggest in conversation

    asked by susue on July 28, 2013
  9. Economics

    A two product monopolist faces the demand and cost functions as below: Q1=40-2(P1)-(P2) Q2=35-(P1)-(P2) C=(Q1)^2+2(Q2)^2+10 a) Find the profit maximizing levels of output and the price charged for each product.

    asked by Anonymous on May 6, 2010
  10. marketing

    is the process of naming broad product-markets and then segmenting these broad product-markets in order to select target markets and develop suitable marketing mixes. A. Mass marketing B. Market segmentation C. Diversification D.

    asked by Anonymous on September 20, 2010

More Similar Questions