Diversification Becomes a Relevant Strategic Option for a Company EXCEPT

question 72

Multiple Choice

Diversification becomes a relevant strategic option for a company EXCEPT when it

• A) spots opportunities to expand into industries whose technologies and products complement its present business.
• B) leverages existing resources and capabilities by expanding into industries where these same resource strengths are key success factors and valuable competitive assets.
• C) has a powerful and well-known brand name that can be transferred to the products of other businesses and thereby used as a lever for driving up the sales and profits of such businesses.
• D) can open up new avenues for reducing costs by diversifying into closely related businesses.
• E) expands into additional businesses that unlock possibilities for a comprehensive cost enhancement strategy.

Analyze the impact of gender on perceptions of leadership within the team leadership model.

Understand the concept of leadership and gender stereotypes and their impact on women’s advancement in leadership positions.

Identify the barriers and challenges women face in accessing leadership roles, including the leadership labyrinth and glass ceiling effect.

Recognize the importance of human capital in preparing women for leadership positions.

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Definitions:

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade and production.

Absolute Advantage

Absolute advantage refers to an individual's, firm's, or country's ability to produce more of a good or service than competitors, using the same amount of resources.

Technology

The application of scientific knowledge for practical purposes, especially in industry.

Increasing Returns

A situation in economics where an increase in the scale of production leads to a more than proportionate increase in output, often due to efficiencies gained.