In a Horizontal Diversification Strategy,growth

question 71

Multiple Choice

In a horizontal diversification strategy,growth:

• A) involves taking a step back (up) the value-added chain.
• B) occurs at the same level of the value-added chain.
• C) involves taking a step forward (down) the value added chain.
• D) involves opportunities unrelated to the existing value-added chain.

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Definitions:

Rejected

Declined or dismissed, often referring to something that does not meet a certain standard or requirement.

Reorganization

A process aimed at restructuring a company's operations, structures, and finances to increase efficiency and profitability, often used in bankruptcy contexts.

Voluntary

Done, given, or acting of one's own free will without valuable consideration or legal obligation.

Involuntary

Occurring without the individual's consent or control, often referring to actions or responses not dictated by an individual's conscious choices.