A Diversification Strategy Based on Resource Sharing

question 22

Multiple Choice

A diversification strategy based on resource sharing

• A) entails a company creating value by applying the distinctive competencies it developed in one line of business to another line of business.
• B) requires the development of new business-level strategies.
• C) can help a company to realize economies of scope.
• D) is a valid way of supporting the generic business-level strategy of differentiation.
• E) increases the accountability of units.

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Definitions:

Health Initiative

A program or campaign designed to improve health outcomes in a community or population through education, policy, or service improvements.

Institutional Setting

An organizational environment structured for specific purposes such as education, healthcare, or rehabilitation, where practices and policies regulate behavior.

Terminal Condition

A disease or condition that is expected to lead to death because it is incurable or not responsive to treatment.

Training

The act of teaching or developing in oneself or others any skills and knowledge that relate to specific useful competencies.