Before the adjusting entry for a deferral of an expense, the expenses will be _____ and the assets will be _____.
Answers
Before the adjusting entry for a deferral of an expense, the expenses will be assets and the assets will be debited
What is deferred expense?
Deferred expense is an expense paid for prior to incurring it, in other words, the payment relating to the expense has been paid prior to the company receiving the goods or enjoying the expenses, which means that deferred expense would increase asset initially.
The appropriate entries for deferred expense is to debit deferred expense account( an asset account) and credit the cash account since the cash balance decreases, as a result, when the expense is incurred, the adjusting entry to the deferred expense account would credit.
Find out more about deferred expense on: brainly.com/question/15072392
#SPJ1
Related Questions
Answer in True or False :
Making a payment on an account would be journalized with a debit to Accounts Payable and credit to Cash
2)chose one of the following : By NOT accruing warranty​ expense:
A.reported expenses will be overstated and reported liabilities will be understated.
B.reported liabilities will be understated and net income will be overstated.
C.reported liabilities will be overstated and net income will be understated.
D.reported expenses will be understated and net income will be understated.
Answers
True: Making a payment on an account would be journalized with a debit to Accounts Payable and credit to Cash.
Answer: B) reported liabilities will be understated and net income will be overstated.
By not accruing warranty expense, reported liabilities will be understated because the company has an obligation to provide warranty service in the future, but it is not recognizing the associated expense. This understates the reported liabilities on the balance sheet. Additionally, net income will be overstated because the expense related to warranty service has not been recognized, resulting in higher reported income.
learn more about "income":- https://brainly.com/question/28390284
#SPJ11
You are managing a project to build an urgent care clinic. Your company is expanding and has constructed 25 clinics so far. Which estimating technique makes the most sense to use in this situation?
Answers
Answer:
Delphi technique
Explanation:
The Delphi model is a technique of group communication in which a panel of experts reach consensus on a set of questions and discussions. This is used to predict or to forecast. First, choose an effective facilitator and experts with relevant expertise, and ensure that the issue is well established after that they reach with a decision
Therefore in the given case, the delphi technique is used
If Dallas Company billed a client for $10,000 of consulting work completed, the accounts receivable asset increases by $10,000 and: Multiple Choice Accounts payable decreases $10,000. Accounts payable increases $10,000. Cash increases $10,000. Revenue increases $10,000. Revenue decreases $10,000.
Answers
In the event that Dallas Company bills a client, the account that will increase along with accounts receivable is a Revenue increase of $10,000.
Accounts affected Accounts receivable will increase because the client will owe Dallas Company. Revenue will increase as well because Dallas Company is earning revenue from the consulting work.The increase to the Revenue account will be the amount charged for consulting work which is $10,000.
In conclusion, option D is correct.
Find out more on accounting for revenue at https://brainly.com/question/12115903
Current Attempt in Progress Wildhorse Co. Has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1 2. On January 1, 2022, 1,100,8%, 5-year $1,000 bonds dated January 1, 2022 were issued at face value. On July 1, $707,000,9%, 5-year bonds dated July 1, 2022, were issued at 101. On September 1, $274,000. 7%, 5-year bonds dated September 1, 2022, were issued at 98. 3. Prepare the journal entry to record each bond transaction at the date of issuance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. )
Answers
January 1, 2022: Debit: Cash $1,100,000, Credit: Bonds Payable $1,100,000
July 1, 2022: Debit: Cash $715,070, Credit: Bonds Payable $707,000, Credit: Premium on Bonds Payable $8,070
September 1, 2022: Debit: Cash $268,520, Debit: Discount on Bonds Payable $5,480, Credit: Bonds Payable $274,000
Cash is a fundamental asset that represents physical currency or its equivalent in a company's possession. It includes coins, banknotes, and funds held in bank accounts or other highly liquid instruments readily convertible to cash. Cash is vital for conducting day-to-day operations, such as purchasing inventory, paying expenses, and meeting financial obligations. It serves as a medium of exchange and a measure of value. Proper management of cash flow is crucial for maintaining liquidity and financial stability. Businesses monitor their cash balances through cash management strategies, including cash forecasting, cash flow analysis, and optimizing working capital to ensure sufficient funds are available to meet operational and strategic needs.
Learn more about Cash here;
https://brainly.com/question/28424760
#SPJ11
Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
Answers
A family can have more than one person contributing to the household income for a better financial position.
\(\huge{\mathfrak{\colorbox{black}{\textcolor{lime}{I\:hope\:this\:helps\:!\:\:}}}}\)
♥️ \(\large{\underline{\textcolor{red}{\mathcal{SUMIT\:\:ROY\:\:(:\:\:}}}}\)
if the government issues each firm a non-tradable permit to produce 700 tons of pollution per year, what will be the cost of pollution reduction?
Answers
if the government issues each firm a non-tradable permit to produce 700 tons of pollution per year, the cost of pollution reduction will be $700.
What is pollution permits?
Pollution permits involve giving firms a legal right to pollute a certain amount e.g. 100 units of Carbon Dioxide per year.If the firm produces less pollution it can sell its pollution permits to other firms.However, if it produces more pollution it has to buy permits from other firms or the government.This creates a market for pollution permits with the price set by demand and supply.The aim of pollution permits is to provide market incentives for firms to reduce pollution and reduce the external costs associated with it. For example, it is argued carbon dioxide emissions contribute towards global warming.Pollution permits can also be a way for the government to raise revenue, by selling firms these permits to allow pollution.To learn more about pollution permits
https://brainly.com/question/15216816
#SP J4
A binding price ceiling is designed to:Question 2 options:a) increase efficiency.b) prevent shortages.c) keep prices below the equilibrium level.d) increase the quality of the good.
Answers
A binding price ceiling is designed to c) keep prices below the equilibrium level.
What is a binding price?A binding price ceiling is a term used to refer to a case whereby government sets a required price on a good or goods.
This price is usually set at a price below equilibrium.
Producers are are usually at the beneficial sides as a result of the binding price floor incase the price is higher than equilibrium price.
while Consumers are always worse off since they must pay more for a lower quantity.
Learn more about binding price at;
https://brainly.com/question/19104371
Calculate net worth using the following information.
Assets Liabilities
car - $3,500 car loan - $3,000
savings account - $1,000 credit card - $500
cash - $80
stock - $120
$1,200
$8,200
$12,000
$500
Answers
The net worth of the person, using the given information, can be found to be $ 1, 200
What is a person's net worth ?The value of all assets less the sum of all obligations is what is known as net worth. In other words, net worth is the sum of all assets minus all liabilities.
A person's or company's net worth is the value of their assets less the amount of obligations they have. It is a crucial indicator for assessing a company's health because it offers a helpful overview of its present financial situation.
In the financial industry, one's net worth—also known as net wealth—is used to determine whether a person is eligible for a particular set of investment opportunities or financial products, such as hedge funds, structured products, or other sophisticated or alternative investments.
The net worth of a person can be found by the formula :
= Assets - Liabilities
= 3, 500 + 1, 000 + 80 + 120 - 3, 000 - 500
= 4, 700 - 3, 500
= $ 1, 200
Find out more on net worth at https://brainly.com/question/12371230
#SPJ1
What is the biggest financial worry of most individuals and what can they do about it
Answers
General financial worries include: how to pay off debt, how to save money for college and school, how to invest money and where.
The solution would be to save money instead of having to take a loan from the bank, which will increase your debt. With proper planning one can avoid debt, if they plan for the future. Investment is something that should be studied and people would need to educate themselves about the market and investing. To save money for college and school, again proper financial planning is required and timely planning as well. One should plan years and months ahead of time when it comes to finance so that they don’t have to suffer from issues like debt and school or college fees.
State, define, and explain at least three principles of New Public Management (by comparing with the principles of the so-called old-fashion Weberian type of organization).
b) Please comment on the possible responses of a government organization that applies new public management approach (applies the principles of NPM) to fight against the COVID pandemic? How would they deliver public services, and by whom
Answers
A government organization applying New Public Management (NPM) principles to combat COVID would prioritize decentralization, performance-based management, and customer orientation. They would deliver public services by involving stakeholders, using technology, setting targets, and prioritizing citizen satisfaction.
Three principles of New Public Management (NPM) can be contrasted with the principles of the traditional Weberian type of organization:
1. Decentralization: NPM emphasizes decentralization, shifting power and decision-making authority to lower levels of the organization. This is in contrast to the Weberian model, which is characterized by a hierarchical and centralized structure.
Decentralization enables greater flexibility, responsiveness, and accountability in public organizations.
2. Performance-based management: NPM promotes performance-based management, focusing on results and outcomes rather than processes and inputs.
It encourages the use of performance indicators, targets, and benchmarking to evaluate and improve the efficiency and effectiveness of public services.
In contrast, the Weberian model emphasizes adherence to rules and procedures, often overlooking performance measures.
3. Customer orientation: NPM emphasizes a customer-centric approach, emphasizing responsiveness to citizens' needs and preferences. It encourages public organizations to adopt market-like mechanisms to deliver services efficiently and effectively.
In contrast, the Weberian model is more bureaucratic and focused on the internal workings of the organization, with less consideration for citizen satisfaction and preferences.
In response to the COVID pandemic, a government organization applying the principles of NPM would likely strive for agility and efficiency. They would adopt a customer-oriented approach by prioritizing public health and safety.
The organization would establish clear performance targets and indicators to monitor the progress and effectiveness of their interventions.
They may employ digital platforms, data analytics, and technology-driven solutions to enhance service delivery and communication with the public.
The organization would involve various stakeholders, including healthcare professionals, experts, and community leaders, to ensure a collaborative and inclusive response.
Additionally, the organization might establish partnerships with private entities or non-profit organizations to leverage their resources and expertise.
Through these measures, the government organization would aim to deliver timely and effective public services, such as testing, contact tracing, vaccination campaigns, and public awareness programs, to combat the COVID pandemic and protect the well-being of the population.
To know more about New Public Management refer here:
https://brainly.com/question/32532898#
#SPJ11
URGENT QIUCKLY!!!
CASE: Two divisions in Quality Plus Company produce completely different products but must seek funding from the same head office for a capital expansion project QUESTION: Which type of interdependenc
Answers
The type of interdependence between the two divisions in Quality Plus Company is financial interdependence.
Financial interdependence refers to the reliance or dependence of different divisions or units within an organization on shared financial resources. In this case, both divisions are seeking funding for a capital expansion project from the same head office. This indicates that they are financially interdependent because they rely on the head office for the allocation of funds.
The fact that they produce completely different products is irrelevant to the type of interdependence in question. The focus is on their need for financial resources from the head office, which suggests that their funding and financial decisions are interconnected.
Financial interdependence can have implications for resource allocation, budgeting, and decision-making within the organization. It requires coordination and collaboration between the divisions and the head office to ensure that the available funds are allocated appropriately to meet the needs of both divisions.
Learn more about financial interdependence.
brainly.com/question/30051617
#SPJ11
Brimmo Motorcycles Inc., a
U.S.minus−based
firm, manufactures and sells electric motorcycles both domestically and internationally. A sudden and unexpected appreciation of the U.S. dollar should allow sales to ________ at home and ________ abroad. (Assume other factors remain unchanged.)
A.
increase; increase
B.
decrease; decrease
C.
increase; decrease
D.
decrease; increase
Answers
When the value of the U.S. dollar appreciates, it becomes stronger relative to other currencies. The correct option is D. decrease; increase.
Brimmo Motorcycles' products will become more expensive for domestic customers, causing a decrease in sales at home. However, for international customers, Brimmo's products will become relatively cheaper due to the exchange rate, resulting in an increase in sales abroad.
This means that it becomes more expensive for foreign consumers to purchase goods from the U.S. As a result, Brimmo Motorcycles Inc.'s sales abroad are likely to decrease because the cost of their electric motorcycles becomes less competitive in international markets. Conversely, the appreciation of the U.S. dollar makes imported goods more expensive for U.S. consumers.
It's important to note that other factors may also impact sales, such as competition, market demand, and production costs. But all other factors being equal, an appreciation of the U.S. dollar would lead to a decrease in domestic sales and an increase in international sales for Brimmo Motorcycles Inc.
The correct option is D. decrease; increase.
Know more about the market demand
https://brainly.com/question/18187357
#SPJ11
Understanding the changing needs of customers is referred to as: A.global economy. B.customer orientation. C.lean practices.
Answers
When we understand that the needs of customer are changing, this is called B. Customer orientation.
What is customer orientation ?When a company engages in customer orientation, it means that they are basing their business model on their customers and their needs and wants. This model ensures that a company is able to understand the changing needs of customers.
Engaging in customer orientation is hugely important to the success of a business because customers are the ones who bring revenue and so there is a need to understand their needs so that one can profit from them.
Find out more on customer orientation at https://brainly.com/question/15577514
#SPJ1
The sources of customer expectations are market-controlled factors such as:
A) The individual's innate needs
B) The individual's previous experiences
C) Word-of-mouth communication
D) Sales promises
E) What the competition is offering
Answers
The sources of customer expectations are market-controlled factors such as sales promises. Hence, option D is appropriate.
What are the sales promises?
The discounted price at which services or products are being sold is known as the "sale promise." Typically, this price is provided for a brief period to boost sales during a slow period or just get rid of extra inventory. The discount is represented in the advertisement as a percentage of the list price.
The rate is commonly expressed as a percentage. Multiply this rate by the original price to determine the discount. Subtract the discount from the original price to get the sale promises.
The selling price is the amount that a customer paid for a service or product. It may differ based on the price that buyers are prepared to pay, the seller's acceptance threshold, and how competitive that price is with those of other companies in the market.
Hence, option D is correct.
Learn more about Sales Promises here:
https://brainly.com/question/29239542
#SPJ6
over the past 30 years, the highest inflation rates occurred under fed chair _____ during the _____.
Answers
Over the past 30 years, the highest inflation rates occurred under Fed Chair Alan Greenspan during the late 1990s and early 2000s. Alan Greenspan served as the Chairman of the Federal Reserve from August 11, 1987, to January 31, 2006.
During Greenspan's tenure, the United States experienced a period of economic growth and prosperity, commonly referred to as the dot-com boom. This period was characterized by rapid advancements in technology, increased productivity, and high levels of investment in internet-related industries.
The combination of strong economic growth and rising asset prices led to concerns about inflationary pressures. The Federal Reserve, under Greenspan's leadership, implemented a series of interest rate hikes to prevent the economy from overheating and to curb inflation. However, these measures were not entirely successful in controlling inflation.
One of the factors contributing to the higher inflation rates during this period was the expansionary monetary policy pursued by the Federal Reserve. Low-interest rates and accommodative monetary policy fueled increased borrowing and spending, which put upward pressure on prices.
Additionally, the dot-com bubble, characterized by excessive speculation and valuations in technology stocks, eventually burst in the early 2000s. The subsequent decline in stock prices and the ensuing economic slowdown had an impact on inflation rates.
Learn more about Greenspan here:
https://brainly.com/question/32972829
#SPJ11
A women sells a bead bracelet she made. She sold it to her sister.
Answers
Answer:
Is that the question????
Explanation:
If your asking a question a can you put the whole question.
Something that's sold has been exchanged for money. When new neighbors buy the house across the street, you'll see a sign appear in its front yard that says "Sold."
What is the meaning of Money?Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from individual to individual and from country to country, allowing trade.
Any tangible object or verifiable record that's also commonly accepted as payment for products and services as well as the repayment of debts, including such taxes, in a specific nation or socioeconomic setting is referred to as money.
Money is a centralized, widely used, acknowledged form of exchange that makes it easier to exchange goods and services. In an economy, money serves as a medium of trade for a variety of products and services. Governments and nations have different monetary systems.
Learn more about the Money here:
https://brainly.com/question/22984856
#SPJ2
Buying or selling stock is
saving
investing
Otrading
Odiversifying
Answers
Answer:
Trading
Explanation:
1. Saving is saving funds to invest in stocks.
2.
Buying stock is an investment.
3. Trading - meaning buying or selling any stock shares you own is trading.
In
, people invest money in a company in exchange for the company’s
.
Answers
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
4. In your progress report, you want the Work Completed section to follow your
Summary of Costs. To date, the company has rewritten the home page content,
created a new logo, and updated the overall structure of the site. Currently, an idea
for site navigation has been proposed but not yet confirmed. You want to include a
visual of the navigation option in the progress report.
a. The navigation option includes these links from the Home Page: About, Services,
Customer Reviews, and Contact. The About section would include links to History
and Our Mission; the Services section would also include links to Pricing, Scope, and
Timeline. Show an example of a simple, custom graphic to display the navigation. (3
points)
Answers
Links to About, Services, Customer Reviews, and Contact are included in the suggested navigation option, along with dropdown menus for About (History and Our Purpose) and Services (Pricing, Scope, and Timeline).
What type of bar chart is most popular?When showing a sequence of statistics over time, it is highly helpful. If long labels are needed, vertical bar graphs have the drawback of not leaving much room at the bottom of the chart.
Which bar charts are frequently employed to display time series data?Using a sequence of bars, time series bar charts can display changes in a metric over time. This allows you to plot several series, display the breakdown of a metric across dimensions, and display the evolution of the values over time.
To know more about Customer Reviews visit:-
https://brainly.com/question/22442484
#SPJ1
Throughout the process of establishing its strategy, Acer’s leadership has monitored the strategies of HP and other PC manufacturers to determine the threats and opportunities presented by these competitors. This process is called ________.
A. a threat analysis
B. strategic planning
C. competitive analysis
D. differentiation strategy
E. environmental scanning
Answers
Answer:
C. competitive analysis
Explanation:
From the question we are informed about instance whereby Throughout the process of establishing its strategy, Acer’s leadership has monitored the strategies of HP and other PC manufacturers to determine the threats and opportunities presented by these competitors. In this case The process is called competitive analysis. Competitor analysis can be regarded as a strategic management which involves assessing of both weakness as well as strength of potential competitors. This method helps in identification of opportunities as well as threats.
What does it mean when your order is on its way?.
Answers
The package has been being transported through the UPS network and will be delivered on the stated delivery date. A package could remain in such status until it is delivered.
Submit the USPS tracking information (found at the bottom of such a shipping label) inside the search bar, without any dashes as well as spaces. Select "Check Status." View each package's scan history as well as status information.
The shipping cycle would be an economic cycle which aids in determining the impacts of variations in supply as well as demand on transport costs as well as shipping assets, i.e. ships. The four stages are as follows: rock bottom (also referred as trough), recovery, peak, as well as, finally, collapse.
To know more about package
https://brainly.com/question/28283519
#SPJ4
can someone help with this?
Answers
Answer:
profit
Explanation:
Answer:
profit
Explanation:
The Golden Rule means to treat others the way you want to be treated. This should prevent you from being rude, ugly, mean, dishonest, lazy, disloyal or dishonorable. True False
Answers
Answer:
True
Explanation:
You should always treat others the way you want to be treated. If you were the one who could be treated badly, would your actions be different?
Have a nice day!
Elizabeth incorporates a business and buys a franchise license that is valid for two years. What cost can Elizabeth NOT claim as an eligible capital expenditure? a) cost of the franchise license b) costs incurred due to incorporation c) cost of purchasing customer lists d) legal costs of incorporation
Answers
Elizabeth cannot claim the cost of purchasing customer lists as an eligible capital expenditure.
Customer lists are considered intangible assets, and their purchase is typically treated as a current expense rather than a capital expenditure.
1. The cost of the franchise license can be claimed as an eligible capital expenditure because it is directly related to the acquisition of a long-term asset (the franchise).
2. Costs incurred due to incorporation, such as legal fees, can be claimed as eligible capital expenditures because they are necessary for the establishment of the business.
3. The cost of purchasing customer lists cannot be claimed as an eligible capital expenditure because customer lists are intangible assets that provide benefits over a short period of time.
4. The legal costs of incorporation can be claimed as eligible capital expenditures because they are directly related to the establishment of the business.
In summary, while Elizabeth can claim the cost of the franchise license, costs incurred due to incorporation, and legal costs of incorporation as eligible capital expenditures, she cannot claim the cost of purchasing customer lists.
To know more about franchise license click on below link:
https://brainly.com/question/30450070#
#SPJ11
Why are bonds known as fixed income investments? A) there is a fixed principle B) there is a fixed rate of return C) there is a fixed option of investing part of the bond D)
all of the above
Answers
Answer:
The awnser is B
Explanation:
took the test
What is the mid-range (average)
code letter value for a 230V three-
phase 10hp motor with a code letter
G marked on the motor nameplate?
A) 5.600 kVA
B) 6.290 kVA
C) 5.945kVA
D) 7.990kVA
Answers
Pls help this is timed
Answers
Answer:
It's the first one Co-signer or gardien to make sure someone will repay
Answer:
The first one: Co-signer or Guaranteer to ensure someone else will repay.
Explanation:
This person is usually a parent of guardian but it's not required that they are. The bank just wants to make sure they'll get their money.
selecting a set of brands and then considering when and where to buy describes which of the following types of purchase behavior
Answers
Answer:
Dissonance-reducing buying behavior
Explanation:
In the Dissonance-reducing buying behavior, the customer is highly involved engaged in the purchasing process. However, the customer has a difficult time differentiating between the available brands. Customers have limited brands to choose from, with minimum differences among the brands.
Due to similarities between brands, and a shortage in variety, the customer does not conduct a lot of research. The customer's decision is based on budget limitation and product availability.
The type of the purchase behavior is Dissonance-reducing buying behavior
The following information should be considered;
In the Dissonance-reducing buying behavior, the customer is highly involved engaged in the purchasing process. However, the customer has a difficult time differentiating between the available brands. Customers have limited brands to choose from, with minimum differences among the brands.Learn more: brainly.com/question/16911495
intangible assets are never amortized. instead, they are tested annually for impairment. true or false
Answers
The statement that intangible assets are never amortized and are tested annually for impairment is true. It is because intangible assets are non-physical assets that have no physical substance, and they are classified as long-term assets.
Intangible assets include patents, copyrights, trademarks, goodwill, and brand recognition, among others. They are expected to provide benefits to the company for an extended period, usually more than one year.
Unlike tangible assets such as equipment or land, intangible assets are not easily measurable, and their values can be subjective. As a result, accounting for intangible assets can be challenging.
The process of amortization is used to allocate the cost of an intangible asset over its useful life. However, intangible assets have an indefinite useful life or a life that exceeds the economic life, making it difficult to estimate their useful life.
As a result, they cannot be amortized. Instead, the intangible assets are tested annually for impairment. Impairment refers to a significant reduction in the asset's fair value. An asset is impaired if the recoverable amount is lower than the carrying amount.
If an intangible asset is impaired, the company must write it down to its fair value, and the impairment loss is recorded on the income statement. Therefore, the statement that intangible assets are never amortized and are tested annually for impairment is true.
To learn more about long-term assets here:
https://brainly.com/question/25504767#
#SPJ11
Mergers and acquisitions associated with conglomeration result
in yet another major trend
Answers
Mergers and acquisitions in conglomeration lead to a significant trend: diversification. By combining different business , companies expand their operations into new industries, creating diverse portfolios and reducing risk.
Mergers and acquisitions (M&A) in the context of conglomeration refer to the consolidation of different companies or businesses into a single entity.
process typically leads to the formation of conglomerates, which are large corporations with diversified business interests across various industries.
One major trend associated with conglomeration through M&A is diversification. By merging with or acquiring businesses operating in different sectors, companies aim to broaden their portfolio of products, services, and markets. This diversification strategy allows them to reduce their reliance on a single industry or market segment, thereby spreading their risks.
Diversification provides several advantages. First, it enables companies to tap into new revenue streams and customer bases. By expanding into different industries, they can reach a broader audience and capitalize on the growth potential of multiple sectors. Second, diversification helps companies hedge against economic downturns or industry-specific risks. If one sector experiences a decline, the overall impact on the conglomerate's financial performance can be mitigated by the strength of other diversified business units.
However, it is worth noting that conglomeration through M&A is not always successful. Integration challenges, cultural clashes, and the management of diverse businesses can pose significant difficulties. Moreover, some argue that conglomerates may become too unwieldy to manage effectively, potentially resulting in decreased operational efficiency and slower decision-making processes.
Nonetheless, the pursuit of diversification through mergers and acquisitions remains a notable trend in the world of business, driven by the desire to expand market reach, reduce risk, and explore new opportunities across multiple industries.
Learn more about business here:
https://brainly.com/question/15826604
#SPJ11