Sharing Core Competencies Is One of the Primary Potential Advantages

question 100

Multiple Choice

Sharing core competencies is one of the primary potential advantages of diversification.In order for diversification to be most successful,it is important that _____________.

• A) the similarity required for sharing core competencies must be in the value chain, not in the product
• B) the products use similar distribution channels
• C) the target market is the same, even if the products are very different
• D) the methods of production are the same

---

Definitions:

Public Good

A product that one individual can consume without reducing its availability to another individual and from which no one is excluded.

Lighthouse

A tall structure with a powerful light at the top, located near or on the shore, providing navigation guidance to maritime pilots at sea or on inland waterways.

Willingness To Pay

The maximum amount that a buyer will pay for a good.

Public Park

An area of natural, semi-natural or planted space set aside for human enjoyment and recreation or for the protection of wildlife or natural habitats.