Answer:
According to the Ansoff Growth Matrix, the strategic option of C) DIVERSIFICATION is the riskiest for a business to pursue.
A business would use a B) CONGLOMERATE DIVERSIFICATION strategy if it decides to launch new products in new markets.
Explanation:
Diversification carries a higher risk because it involves selling new products or services in new markets. It does have an advantage though, if one business unit performs poorly, it will not necessarily affect the other business unit which might perform very well.
A conglomerate diversification strategy is useful when a corporation wants to start selling new products in new markets. The most common way of carrying out a conglomerate diversification strategy is through mergers and acquisitions (M&A).
It is a vehicle that requires high minimum balances but offers higher interest rates
I hope that's help;0
Checks are the most widely accepted form of payment
Debit Cards often have a higher interest rate than Credit Cards.
Debit cards offer the highest level of fraud protection.
B. charging a retainer fee
C. charging commissions on trades effected for the client
D. changing partnership management without notifying clients
Answer:
B. charging a retainer fee
Explanation:
Investment advisers are prohibited from doing all of the following except for charging a retainer fee. A retainer fee is an specific amount of money that the client pays to the professional upfront so that his/her services are secured and always available when needed. Investment Advisers can charge this fee so that the client's can always get their service as soon as it is needed.
lifestyle if she retires in 15 years. Lynn had not thought about planning for retirement until
now. If she begins saving now, she will need to save approximately $67,000 per year.
Based on her annual income of $75,000, this goal is not attainable. How would Lynn's
retirement be affected if she had understood the importance of planning for retirement
earlier?
2. In three to four sentences, explain how you would develop a long-term investing strategy
to ensure that you will have a financially secure retirement.
PLEASE HELP! I WILL MARK YOU THE BRAINLIEST:)
Lynn would have benefited from planning for retirement earlier due to a longer savings period and the benefits of compound interest. A long-term investing strategy involves setting clear financial goals, regular contributions, diversification, and regular reviews.
If Lynn had started planning for her retirement earlier on, it would have eased her financial stress. She would have had a much longer time period to save, reducing her required annual savings and making it more manageable with her current salary. The concept of compound interest would have also been advantageous, where her savings would accumulate interest over time and the interest, in turn, would itself earn interest.
Developing a long-term investing strategy begins with setting clear financial goals and laying out a time frame for achieving them. You should also regularly contribute to your retirement savings and consider various investment options. Diversify your investment portfolio with a mix of high and low-risk investments to balance potential growth with stability. Always review and adjust your plan as needed over time.
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Answer:
An effective strategy to retirement includes setting goals, being aware of timing knowing when and how long it will take to save. Also, taking advantage of retirement savings options such as 401(k), IRA, or SEP plans, as well as understanding the impact of taxation and tax benefits. Lastly, staying on top of it all when you actually get there, and monitoring your progress every step of the way making adjustments when needed.
Explanation: