The Primary Source of Creating Competitive Advantage from Diversification Is

question 31

Multiple Choice

The primary source of creating competitive advantage from diversification is to:

• A)Share resources and capabilities across businesses
• B)Share resources across related businesses only
• C)Erect strong barriers to entry around each business
• D)Be able to strongly retaliate against any rival's attack

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Definitions:

Short-run Supply Curve

A graphical representation showing the quantity of goods a firm is willing and able to supply at different prices over a short period, assuming some inputs are fixed.

Industry Supply

The total output of goods or services available from a particular industry at a given price level and time.

Operate

To function or run, typically referring to the way machinery, systems, or businesses work.

Shut Down

Cessation of a firm’s operations as output falls to zero.