The Essence of the Prevailing Theory of Diversification Is That

question 45

Multiple Choice

The essence of the prevailing theory of diversification is that firms diversify when they:

• A)have excess resources, capabilities and core competencies with multiple uses
• B)have market power in their industry and are market leaders
• C)have control of tactical and strategic competitive actions
• D)are market followers and have a secure niche

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Definitions:

Retina

The light-sensitive layer at the back of the eye that converts light into neural signals that the brain interprets as visual images.

Pupil

The black circular opening in the center of the iris of the eye, which regulates the amount of light that enters the eye.

Iris

The colored ring of muscle that surrounds the pupil of the eye, controlling the size of the pupil and the amount of light that enters.

Accommodation

In psychology, it refers to the cognitive process of revising existing cognitive schemas, perceptions, and understanding so that new information can be incorporated.