Briefly Discuss When It Makes Good Strategic Sense for a Company

question 56

Essay

Briefly discuss when it makes good strategic sense for a company to consider diversification.

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Definitions:

Performing

The act of carrying out an action or presenting oneself in a certain way, often in front of an audience.

Norming

The process during which a group establishes norms or shared standards of behavior that dictate member conduct.

Interpersonal Interdependence

The degree to which the actions of one individual affect the outcomes and welfare of another in a relationship.

Group Cohesiveness

The extent to which members of a group feel bonded or united towards achieving a common objective or maintaining group membership.