Question

What resources and incentives encourage a firm to pursue expansion strategy?

Answer 1

Explanation:

To find the Voltage, ( V ) [ V = I x R ] V (volts) = I (amps) x R (Ω)

To find the Current, ( I ) [ I = V ÷ R ] I (amps) = V (volts) ÷ R (Ω)

To find the Resistance, ( R ) [ R = V ÷ I ] R (Ω) = V (volts) ÷ I (amps)

To find the Power (P) [ P = V x I ] P (watts) = V (volts) x I (amps)

Answer 2

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The reasons for the expansion could be survival, higher profits, increased prestige, economies of scale, larger market share, social benefits, etc. The expansion strategy is adopted by those firms who have managers with a high degree of achievement and recognition.