A Company Can Best Accomplish Diversification into New Industries by

question 36

Multiple Choice

A company can best accomplish diversification into new industries by

• A)outsourcing most of the value chain activities that have to be performed in the target business/industry.
• B)acquiring a company already operating in the target industry, creating a new business from scratch, or forming a joint venture with one or more companies to enter the target industry.
• C)integrating forward or backward into the target industry.
• D)shifting from a strategic group comprised mostly of single-business companies to a strategic group comprised of diversified companies.
• E)employing an offensive strategy with new product innovation as its centerpiece.

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Definitions:

SDLC

The Software Development Life Cycle (SDLC) is a framework defining tasks performed at each step in the software development process.

Lower CASE Tools

Tools used to automate later stages in the SDLC (programming, testing, operation, and maintenance).

SDLC

Short for Software Development Life Cycle, it is a process for planning, creating, testing, and deploying an information system.

End-user Development

Refers to tools and methods that allow users with little to no programming skills to create or modify software applications or systems.