chp9 - 1 Which one of the following is not one of the...

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1. Which one of the following is not one of the elements of crafting corporate strategy for a diversified company? A) Picking the new industries to enter and deciding on the means of entry B) Choosing the appropriate value chain for each business the company has diversified into C) Pursuing opportunities to leverage cross-business value chain relationships and strategic fits into competitive advantage D) Establishing investment priorities and steering corporate resources into the most attractive business units E) Initiating actions to boost the combined performance of the businesses the firm has diversified into 2. Important reasons for a company to consider diversification include A) a need to soak up excess resources and avoid the temptation to allocate unneeded resources to the company's various internal functional area activities. B) the benefits of giving company managers the opportunity to develop first-hand knowledge of other businesses, customers, technologies, and industry environments. C) giving the company a broader base to pursue product innovation. D) a desire to avoid putting all of its "eggs" in one industry basket, dimming growth opportunities in its present business, and opportunities to transfer its resources, expertise, and capabilities to other industries. E)
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This note was uploaded on 07/03/2011 for the course ECON 101 taught by Professor Ramiz during the Spring '11 term at Abilene Christian University.

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chp9 - 1 Which one of the following is not one of the...

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