One Strategic Fit-Based Approach to Related Diversification Would Be to

question 66

Multiple Choice

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

• A) diversify into new industries that present opportunities to transfer competitively valuable expertise, technological know-how, or other capabilities from one business to another.
• 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 business 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.

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Definitions:

Terminally Ill

A condition in which a patient is suffering from a disease that is incurable and expected to lead to death within a short period.

Therapeutic Response

The change or improvement in condition following treatment, indicating the effectiveness of a medical intervention.

Heart Failure

A chronic condition where the heart's ability to pump blood is inadequate to meet the body's needs, leading to symptoms like shortness of breath and fatigue.

Therapeutic Action

The specific process by which a treatment or medication exerts its beneficial effect on the body or mind.