Among the Industry-Based Considerations That Motivate a Firm to Diversify

question 7

Multiple Choice

Among the industry-based considerations that motivate a firm to diversify is:

• A)​Substantial growth opportunity in an industry.
• B)​Decreased bargaining power of buyers and suppliers.
• C) ​.Decreased bargaining power of buyers and suppliers.
• D) ​Decreased bargaining power of buyers and suppliers

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Definitions:

Behavior

The actions or reactions of individuals or groups in response to external or internal stimuli.

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit individuals or groups.

Personal Interests

Individual hobbies, desires, or activities that a person is passionate about or enjoys in their personal time.

Countervailing Power

A concept where power in a market or industry is distributed in such a way that no single entity can dominate decisions or outcomes, effectively balancing the power dynamics.