Sharing Core Competencies Is One of the Primary Potential Advantages

question 55

Multiple Choice

Sharing core competencies is one of the primary potential advantages of diversification.For diversification to be most successful,it is important that the

• A) products use similar distribution channels.
• B) value chains of the firm be similar enough in at least one way to allow for the leveraging of the core competencies of the firm.
• C) target market is the same, even if the products are very different.
• D) methods of production are the same.

Understand the principles of positive attitude formation and its contribution to success and well-being.

Articulate the importance of organizational citizenship behavior and how it benefits both individuals and the organization.

Develop strategies for improving job attitudes and employee engagement through meaningful work and feedback.

Acknowledge the evolving nature of values in society and their influence on self-esteem and identity.

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Definitions:

Interest-Rate Effect

The change in spending and borrowing behavior in an economy due to a change in interest rates, often influencing total demand.

U.S. Economy

The economic system of the United States, characterized by a mixed economy with both private enterprise and government regulation.

Liquidity Preference

A theory that suggests individuals prefer to have their resources in liquid form to meet immediate demands for funds.

Irving Fisher

A renowned American economist known for his contributions to the theory of interest and the Fisher Equation.