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

question 63

Multiple Choice

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

• A)diversify into new industries that present opportunities to combine value chain activities of two or more businesses to lower costs.
• 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 businesses 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.

Understand the impact of standard deviation on investment risk.

Comprehend market efficiency and the implications for stock pricing and investment strategy.

Recognize the patterns of inflation over time concerning various investment types.

Understand the origins and purposes of early writing systems.

---

Definitions:

Service Department

A segment within an organization that does not directly produce goods but supports other departments by providing services.

Pediatrics Department

A specialized medical department focused on the care, diagnosis, and treatment of infants, children, and adolescents.

Employee Hours

Employee hours track the amount of labor time worked by employees, used for payroll, scheduling, and operational efficiency analyses.

Square Feet

A unit of area measurement used primarily in the United States, equal to the area of a square with sides of one foot.