Answered

Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

product diversification provides two benefits to managers that do not accrue to shareholders: and . a. greater experience in a wider range of industries; lessening of managerial employment risk b. the opportunity for higher compensation through firm growth; a reduction in managerial employment risk

Sagot :

asarwar

Product diversification provides two advantages to managers that do not accrue to shareholders: 'the opportunity for higher compensation through firm growth' and 'a reduction in managerial employment risk'. Thus, option 'b' holds the correct answer.

Product diversification is the strategy to expand the original market for a product. This approach is used to maximize the sales associated with an existing product line, which is especially beneficial for a business that has been declining sales or experiencing stagnant. Repackaging, renaming, resizing, repricing, brand extensions, and product extensions are some ways through which product diversification can be achieved.

You can learn more about product diversification at

https://brainly.com/question/18647091

#SPJ4

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.