The Two Biggest Drawbacks or Disadvantages of Unrelated Diversification Are

question 93

Multiple Choice

The two biggest drawbacks or disadvantages of unrelated diversification are

• A)the difficulties of passing the cost-of-entry test and the ease with which top managers can make the mistake of diversifying into businesses where competition is too intense.
• B)the difficulties of capturing financial fit and having insufficient financial resources to spread business risk across many different lines of business.
• C)demanding managerial requirements and the limited competitive advantage potential that cross-business strategic fit provides.
• D)ending up with too many cash hog businesses and too much diversity among the competitive strategies of the businesses the company has diversified into.
• E)the difficulties of achieving economies of scope and conflicts/incompatibility among the competitive strategies of the company's different businesses.

Analyze and select appropriate assessments for clients based on their unique situations and needs.

Recognize the significance of assessing client needs, values, and interests in career counseling.

Identify the components and scales of established career assessment tools.

Know the initial steps and considerations in conducting a career assessment.

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Definitions:

Social Demands

Expectations or pressures from society that influence behavior, roles, and social interactions.

Ego Involvement

The extent to which an individual's self-esteem is connected to the outcomes of their actions.

FIRO-B Theory

Examines differences in how people relate to one another based on their needs to express and receive feelings of inclusion, control, and affection.

Compatible Needs

Requirements or desires of individuals or groups that are able to coexist or complement each other without conflict.