Question: Which strategy is based upon a company's decision to enter one or more new industries to leverage its existing distinctive competencies and business model? a

Which strategy is based upon a company's decision to enter one or more new industries to leverage its existing distinctive competencies and business model?
a. Product development strategy
b. Market development strategy
c. Market penetration strategy
d. Diversification strategy
e. Cost leadership strategy

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!