Which of the Following Strategies Involves a Firm Entering an Industry

question 44

Multiple Choice

Which of the following strategies involves a firm entering an industry that lacks any important similarities with the firm's existing industry or industries?

• A) Forward vertical integration
• B) Unrelated diversification
• C) Horizontal integration
• D) Decentralization
• E) Backward vertical integration

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Definitions:

Suleyman the Magnificent

The tenth and longest-serving Sultan of the Ottoman Empire, ruling from 1520 to 1566, known for expanding the empire’s territory and implementing significant legal and cultural reforms.

Ottoman Court

This term refers to the central government and imperial household of the Ottoman Empire, which was a major political and cultural hub in the Middle East, Southeast Europe, and North Africa from the late 13th century until the early 20th century.

Mosque of Selim II

An Ottoman imperial mosque in Edirne, Turkey, known for its architectural innovation and grand dome, designed by architect Mimar Sinan.

Madrasa

An Islamic theological college adjoining and often containing a mosque.