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2. What kinds of decisions must a company make to be associated with the diversification decision?
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Solved in 2 steps
- What is diversification strategy? What are the Pros and Cons of this method?22) Which of the following is true regarding diversification? A) Diversification is classified into related diversification and unrelated diversification b) Firms diversify to achieve some performance objectives c) Diversification is the entry of firm or business unit into new lines of activity, either by processes of internal business development or acquisition, which entail changes in it administrative structure, systems and other management processes d) A and B e) A and B and C2-7. Explain the four market-product strategies in diversification analysis.
- 1. What are financial risks and which of these can companies face today? 2. What kinds of decisions must a company make to be associated with the diversification decision?Under what conditions will a related diversification strategy not be a source of competitive advantage for a firm?What motives might encourage managers to over diversify their firm?
- Carefully explain the difference between related diversification and unrelated diversification. Do not use a google answerHow can a business-level strategy of (a) low cost and (b) differentiation offer some protection against competitive forces in a company's industry?Briefly discuss when it makes good strategic sense for a company to consider diversification.
- explain what is Diversification & Buy and Hold Strategy and what is its benefit?Kourdi (2009:3) has defined business strategy as a “plan, choice or decision used to guide a company to greater profitability and success.” Required Explain how the following strategies facilitate the achievement of success or profitability: Outsourcing Diversification Market Focus Market developmentCompare and contrast related and unrelated diversification. When will unrelated diversification be more useful?