3. How should QL decide whether or not to expand into n

Question

3. How should QL decide whether or not to expand into new product lines or logistics channels?

TutorBin · Accepted Answer

3. Whether expanding or not to expand into new product lines or logistics channels is not so easy to answer. A lot of research and analysis is required before reaching to any conclusion. In my opinion, before any sort of expansion, the company must make sure that its existing establishment is working perfectly. There should not be the case of underperformance of any establishment. Besides, the company must make sure that its existing products are performing well. If there is a need to attention regarding the quality and marketing of the product then it should be addressed first before having the thought of expansion regarding the new product lines. There may be other situations too. If the current product is a disaster to the company and doing anything good to the company then QL may choose to establish a new line of the product. Definitely it is not the case with QL. So in my opinion, QL should go for expansion, after making sure that there is no issue with the current product line and establishment.

3. How should QL decide whether or not to expand into new product lines or logistics channels?

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