The Task of Crafting a Company's Overall Corporate Strategy for a Diversified

question 47

Multiple Choice

The task of crafting a company's overall corporate strategy for a diversified company encompasses all of the following EXCEPT

• A) picking the new industries to enter and deciding on the means of entry.
• B) initiating actions to boost the combined performance of the corporation's collection of businesses.
• C) pursuing opportunities to leverage cross-business value chain relationships and strategic fit into competitive advantage.
• D) establishing investment priorities and steering corporate resources into the most attractive business units.
• E) divesting well-performing businesses.

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Definitions:

Spread

Spread can refer to the difference between the bid and ask prices of financial instruments or the difference between interest rates on two different investments.

Trade Credit

A business arrangement where a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date, often used to finance short-term operational needs.

Consumer Credit

A type of credit granted to consumers to finance personal purchases.

Retail Credit

An arrangement where retailers offer direct credit facilities to their customers for the purchase of goods and services.