Which One of the Following Is Not One of the Elements

question 46

Multiple Choice

Which one of the following is not one of the elements of crafting corporate strategy for a diversified company?

• A)Picking new industries to enter and deciding on the means of entry
• B)Choosing the appropriate value chain for each business the company has entered
• C)Pursuing opportunities to leverage cross-business value chain relationships and strategic fits into competitive advantage
• D)Steering corporate resources into the most attractive business units
• E)Initiating actions to boost the combined performance of the businesses the firm has entered

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Definitions:

Prices

The amounts of money required to purchase goods and services, serving as signals in an economy to allocate resources.

Income

Payment for services or from investment returns, customarily coming in at steady intervals.

Preferences

In economics, it refers to the ordering of different alternatives by individuals based on their satisfaction, utility, or happiness.

Compensating Variation

A measure in economics of the amount of money one would need to reach their original utility level after a change in price or income.