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The _________________Diversification Strategy Creates Value in Two Ways

question 53

Multiple Choice

The _________________diversification strategy creates value in two ways. First, since the core competence has already been developed in one business, the firm does not have to allocate resources to develop it. Second, since the resource is intangible, competitors cannot easily imitate it.


Definitions:

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed.

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A psychological state in which people in nursing homes develop apathy, indifference, and a lack of caring about themselves.

Learned Helplessness

A state where an individual experiences feelings of helplessness due to enduring failure or from the impact of a traumatic event.

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