Diversification Can Be Defined as an Organization's Ability to

question 50

Multiple Choice

Diversification can be defined as an organization's ability to

• A) define the scope of its operations
• B) divest of non-core activities
• C) match the capabilities of its competitors
• D) leverage its current resources

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Definitions:

Sparse Resources

Refers to limited or scarce natural assets or commodities that are not abundant enough to meet demand.

Geologic Timescale

A chronological dating system that associates geological layers with specific periods in time, employed to characterize historical events on Earth.

Precambrian

Precambrian describes the vast time period in Earth's history before the emergence of the Cambrian period, characterized by the formation of the Earth's crust and very early life forms.

Abundant Animals

Refers to animal species that are common or have a large population in a particular area.