A ___ Strategy Involves Growth Through Expansion Within the Same

question 69

Multiple Choice

A ___ strategy involves growth through expansion within the same business area.

• A) concentration
• B) diversification
• C) related diversification
• D) unrelated diversification
• E) vertical integration

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Definitions:

Extended ERP

An enhanced version of Enterprise Resource Planning that integrates external business processes, such as supply chain management and customer relations.

Module

A self-contained unit of software or hardware that performs a specific function and can be integrated with other modules to form a larger system.

ERP Software Vendor

Companies specializing in the development and sale of Enterprise Resource Planning software, which helps organizations manage business processes.

Comparative Report

A document that evaluates and contrasts the differences and similarities between two or more items, entities, or conditions.