Ainsworth is a toy manufacturer based in Australia. Which of the following most likely indicates that Ainsworth is following a diversification strategy?
A) Ainsworth increases its spending on advertising and promotion.
B) Ainsworth acquires the rights to manufacture toys resembling a popular cartoon character.
C) Ainsworth introduces its toys in the Indian and South-East Asian markets.
D) Ainsworth enters the U.S. market with a line of children's clothing.
E) Ainsworth develops a new line of educational toys targeting its current market.
D
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Whether a firm sells to businesses or directly to consumers, most pricing structures are built around which of the following?
A) distribution costs B) channel length C) trade discounts D) sales promotions E) list prices
Your firm has issued a 10-year $1,000.00 par value semiannual 10% coupon bond that sells for $1,000 in the market place. The proceeds from the sale of the bond issue are $975.00 per bond
What is your firm's yield to maturity on this new bond issue? Use a financial calculator to determine your answer. A) 5.15% B) 10.16% C) 10.30% D) 10.41%