When a Firm Simultaneously Implements Both a Product Diversification Strategy

question 33

Multiple Choice

When a firm simultaneously implements both a product diversification strategy and a geographic market diversification strategy it is said to be implementing a(n)

• A) mixed-market diversification strategy.
• B) unrelated-diversification strategy.
• C) product-differentiation strategy.
• D) product-market diversification strategy.

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Definitions:

Work Environment

The physical and psychological conditions under which employees operate, including everything from office layout to social climate.

Negative Affectivity

Describes a personality dimension that encompasses a variety of negative emotions, such as sadness, anxiety, and anger.

Laid Back Colleagues

Refers to coworkers who are relaxed and informal in their approach to work and interactions.

Stressed

Experiencing a state of mental or emotional strain or tension resulting from adverse or demanding circumstances.