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.

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Definitions:

Uniformly Distributed

This term characterizes a distribution in which all intervals of the same length within its range have an equal probability of containing a point from the data set.

Goodness of Fit

A statistical analysis to describe how well a model fits a set of observations. It measures the discrepancy between observed and expected values.

Hypothesized Probability Distribution

A specified probability distribution based upon assumptions or theories, prior to analyzing data.

Chi-Square Tests

A statistical test used to determine the significant difference between observed and expected frequencies in one or more categories.