Strategy Making is only a task for top executives ? T/F?

Forward integration involves?

Select one:

a. none of the above

b. Strategy of seeking ownership or increased control of a firm's suppliers.

c. A strategy of seeking ownership of or increased control of a firm's suppliers.

d. Gaining ownership or increased control over distributers or retailers.

Market development involves introducing present products or services into new geographic areas? T/F?

What is the best time for a company to develop new products?

Select one:

a. When an organization has successful products that are in the maturity stage of the product life cycle

b. when an organization competes in an industry characterized by rapid technological developments

c. None of the above

d. All of the above

e. When major competitors offer better-quality products at comparable prices.

What types of diversification strategies are related diversification and united diversification? T/F?