Question: When considering diversifying into a new industry, managers should investigate: When considering diversifying into a new industry, managers should investigate: Attractiveness - The industry chosen

When considering diversifying into a new industry, managers should investigate:
When considering diversifying into a new industry, managers should investigate:
Attractiveness -The industry chosen for diversification must be structurally attractive or capable of being made attractive.
Better-off - Either the new unit must gain competitive advantage from its link with the corporation, or vice versa.
Cost-of-entry -The cost of entry must not use up all the future profits
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