As a Strategy to Achieve Growth,diversification Is

question 4

Multiple Choice

As a strategy to achieve growth,diversification is:

• A)the most risky,because it ties up human capital that could be used elsewhere
• B)the most risky,because it requires developing both new products and new markets
• C)the most risky,because it is subject to more regulation
• D)the least risky,because if a new product fails,the new market may succeed,and vice versa
• E)the least risky,because if the management team researches the product and new market extensively,there is low likelihood of failure

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Definitions:

Herbert Spencer

A 19th-century English philosopher and sociologist known for applying the theory of natural selection to society, coining the phrase "survival of the fittest."

Henry Demarest Lloyd

An American progressive political activist and a critic of corporate power and monopoly, best known for his works on the Standard Oil Company.

English Noblemen

Refers to individuals of noble birth or rank in England, typically holding substantial land, wealth, and power in the medieval to early modern periods.

Marriage Market

The social process through which individuals search for and find a spouse, often influenced by considerations of social status, wealth, and compatibility.