Which Strategy Would Be Most Appropriate When the Distinctive Competencies

question 62

Multiple Choice

Which strategy would be most appropriate when the distinctive competencies of two or more firms complement each other especially well?

• A)Divestiture
• B)Retrenchment
• C)Joint venture
• D)Integration
• E)Conglomerate diversification

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Definitions:

Total Income

The sum of all earnings obtained from labor, capital investments, and any other source before any taxes or deductions are applied.

Income Distribution

The way in which a nation’s total GDP is distributed amongst its population, affecting the economic well-being of its citizens.

Official Poverty Line

A threshold set by the government defining the minimum level of income sufficient to cover basic living expenses, used to identify individuals or households in poverty.

Federal Government

The national government of a federal state, which holds the authority over matters that affect the entire country, distinct from state or local governments.