One Advantage of an Unrelated Diversification Strategy in a Developed

question 52

True/False

One advantage of an unrelated diversification strategy in a developed economy is that competitors cannot easily imitate the financial economies, whereas they can easily replicate the value gained through the use of a related diversification strategy.

---

Definitions:

Working Memory

A cognitive system that holds information temporarily to perform complex tasks such as reasoning, comprehension, and learning.

Long-Term Memory

The component of the information processing system that is an unlimited store that holds information indefinitely, until it is retrieved to manipulate working memory.

Multitasking

The act of performing multiple tasks simultaneously, often by rapidly switching focus between tasks rather than doing them at the same time.

Strategies

Planned actions or tactics designed to achieve a specific goal or solve a particular problem.