Which Strategy Might Be the Most Likely When Management Realizes

question 85

Multiple Choice

Which strategy might be the most likely when management realizes that the current industry is unattractive and that the firm lacks outstanding skills that it could easily transfer to related products or services in other industries?

• A) concentration
• B) horizontal growth
• C) concentric diversification
• D) vertical growth
• E) conglomerate diversification

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Definitions:

Cones

Photoreceptor cells in the retina that function in color vision and are responsible for high spatial acuity.

Rods

Photoreceptor cells in the retina of the eye that are responsible for vision at low light levels and do not perceive color.

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and functioning best in bright light conditions.

Retina

The light-sensitive layer of tissue at the back of the inner eye that converts light into neural signals sent to the brain.