One Strategic Fit Based Approach to Related Diversification Would Be

question 127

Multiple Choice

One strategic fit based approach to related diversification would be to:

• A) diversify into new industries that present opportunities to transfer specialized expertise,technological know-how,or other valuable resources and capabilities from one business's value chain to another's.
• B) diversify into those industries where the same kinds of driving forces and competitive forces prevail,thus allowing use of much the same competitive strategy in all of the businesses a company is in.
• C) acquire rival firms that have broader product lines so as to give the company access to a wider range of buyer groups.
• D) acquire companies in forward distribution channels (wholesalers and/or retailers).
• E) expand into foreign markets where the firm currently does no business.

Grasp the concept of radical connectivity and its significance in modern communication.

Identify common communication barriers and strategies to overcome them.

Understand the disadvantages of social communication models and mitigation strategies by companies.

Recognize the phenomena of information overload, its effects, and coping mechanisms.

---

Definitions:

Financial Statements

Reports that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.

Bridge Financing

Short-term financing used until a person or company secures permanent financing or removes an existing obligation.

Bankruptcy

A legal process through which individuals or businesses unable to meet their financial obligations can seek relief from some or all of their debts.

Operating Expenses

The ongoing costs for running a product, business, or system, excluding the costs associated with the production of goods or services.