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Product diversification is basically done when you are planning to expand the original market for a specific product. This method is used to increase the existing product line sales , especially for the product which is declining in sales. Diversification... (More)
To Determine the profit of the company, go through this example,
Company A had 1000 profits this year, and last year profit of 800. Subtract the last year profits from the current profits. In the above example, the difference in... (More)