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Companies That Base Their Diversification Strategy on Transferring Competencies Tend

question 44

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Companies that base their diversification strategy on transferring competencies tend to acquire new businesses that are to their existing business activities.


Definitions:

Parking Lots

Designated areas where vehicles can be parked temporarily. These can be commercial ventures or part of public infrastructure.

Fences

Structures erected to enclose or delineate areas, or to prevent unauthorized access or egress.

Asset Turnover

A metric that evaluates how effectively a business utilizes its assets to produce sales income.

Net Sales

The revenue from sales after subtracting returns, allowances for damaged or missing goods, and discounts.

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