Required information Corporate Diversification and Firm Performance This exercise is important because it covers the concept of corporate diversification. The goal of this exercise is to identify when corporate diversification creates a competitive advantage and when it does not. You should be familiar with the corporate diversification and firm performance section of the text prior to completing the following questions. ove the corresponding statements about the corporate diversification components to the correct position in the list. Related Diversification Diversification most often tied to good performance. Restructuring A tool used in corporate portfolio planning. Unrelated Diversification Tata is an example firm successfully using this. BCG Growth-Share Matrix Process of reorganizing activities to refocus a firm