The Procedure for Evaluating the Pluses and Minuses of a Diversified

question 42

Multiple Choice

The procedure for evaluating the pluses and minuses of a diversified company's strategy includes

• A) assessing the attractiveness of the industries the company has diversified into.
• B) assessing the competitive strength of each business the company has diversified into.
• C) ranking the performance prospects of the various businesses from best to worst and determining the priorities for resource allocation.
• D) evaluating the extent of cross-business strategic fits and also checking whether the firm's resources fit the needs of the various businesses the company has diversified into.
• E) All of these.

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Definitions:

Commodity

A basic good used in commerce that is interchangeable with other goods of the same type; common examples include oil, grain, and metals.

Functional Managers

Managers responsible for specific departments within an organization, such as marketing or finance, overseeing specialized functions.

Process Managers

Individuals or tools responsible for overseeing, optimizing, and controlling the various processes within a project or organization to ensure efficiency and effectiveness.

Engineering Manager

A professional role that combines technical expertise with management skills to oversee engineering projects and teams.