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.

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Definitions:

Authority And Power

Concepts related to the ability to influence or control others' behavior and decisions, with authority being formally granted and power possibly arising from various sources.

Flow Of Authority

The structured path along which formal power is passed down within an organization, dictating who reports to whom.

Mechanistic Approach

A perspective that views systems, including organizations, as machine-like, with rigid structures and clearly defined functions.

Organizational Development

A planned, organization-wide effort to increase an organization's effectiveness and viability, often involving interventions in its processes, operations, or culture.