Question: Diversification allows a firm to . . . . A . concentrate its efforts on a single business B . use its resources more effectively
Diversification allows a firm to
A concentrate its efforts on a single business
B use its resources more effectively
C create excess resources
D all of the above
A firm seeking rapid growth should pursue......
A internal growth
B external growth
C divestment of poor performing businesses
D a restructuring strategy
When a firm purchases both its suppliers and buyers, it is engaging in
A forward integration
B backward integration
C both forward and backward integration
D none of the above
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