Explain the Difference Between the Unrelated Diversification Strategy and the Two

question 9

Essay

Explain the difference between the unrelated diversification strategy and the two related-diversification strategies in terms of how they create the economies that make them successful.

Understand the role of leadership in envisioning, energizing, and enabling organizational change.

Recognize the importance of diagnostic tools (e.g., questionnaires, interviews, observation) in identifying organizational problems and facilitating change.

Understand the structure and function of male and female reproductive glands and their contribution to reproduction.

Identify and describe the stages of gametogenesis in both males and females.

---

Definitions:

Free-market Equilibrium

A state in a free market where supply equates demand without any government intervention, allowing prices to be set naturally.

Consumer Surplus

The difference between the total amount consumers are willing to pay and the total amount they actually pay for a good or service.

Price Floor

A government-imposed minimum price charged on goods and services, typically above equilibrium price to prevent market prices from dropping too low.

Consumer Surplus

The difference in the amount consumers would ideally pay for a service or good versus what they really spend.