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

question 53

Multiple Choice

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

• A)acquire rival firms that have broader product lines so as to give the company access to a wider range of buyer groups.
• B)acquire companies in forward distribution channels (wholesalers and/or retailers).
• C)expand into foreign markets where the firm currently does no business.
• D)diversify into new industries that present opportunities to transfer specialized expertise,technological know-how,or other valuable resources and capabilities from one business's value chain to another's.
• E)diversify into foreign markets where the firm has unrelated businesses.

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Definitions:

Iconic Memory

A type of visual sensory memory that holds a brief photographic image for a few seconds after the exposure to the original stimulus.

Photographic

Pertaining to or using light in the production of images, often used in context with photography or imaging techniques.

Few Tenths

A phrase typically used to describe a small quantity or measure, amounting to a fraction of a whole.

Picture-Image

A visual representation of an object, person, or scene produced on a surface.