Question: Product development is considered to be a less complex strategy to implement in comparison to the diversification strategy because:a ) Diversification is inherently the simplest
Product development is considered to be a less complex strategy to implement in comparison to the diversification strategy because:a Diversification is inherently the simplest of all the intensive strategies because creating new products for new markets allows managers full control in designing new processesb Diversification inherently allows for the strategic divestiture of underperforming assets and unbundling of less profitable productsc Diversification strategies must develop new manufacturing and production competencies but product development strategies do not require these new competenciesd Diversification strategies have additional vertical integration competencies that must be learned in order to be properly implementede Diversification strategies requires additional marketing, sales, andor distribution competencies to be learned in addition to learning new production and delivery competencies
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