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.
Betteroff Either the new unit must gain competitive advantage from its link with the corporation, or vice versa.
Costofentry The cost of entry must not use up all the future profits
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