ch 8 BSG quiz | Questions and Correct Solutions Latest Update 2024

ch 8 BSG quiz | Questions and Correct Solutions Latest Update 2024 once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments are needed, which one of the following is NOT one of the main strategy options that a company can pursue? - Answer - Have all of the company's businesses operate under a common brand name and craft new initiatives to build/enhance the reputation of this brand name worldwide. Which of the following is NOT part of the procedure for evaluating the pluses and minuses of a diversified company's strategy and deciding what actions to take to improve the company's performance? - Answer - Conducting a SWOT analysis of each business the company has diversified into. diversification becomes a prime strategic option in all but which one of the following situations? - Answer - when a company has more resource deficiencies than resources strengths in its principal business. the chief purpose of calculating quantitative industry attractiveness scores for each industry a company has diversified into is to - Answer - help determine (1) whether each industry the company has diversified into represents a good business for the company to be in, (2) which of the company's industries are the most attractive and which are least attractive, and (3) the overall appeal of the whole group of industries in which the company has invested. Strategic fit between two or more businesses exists whenever one or more activities comprising the value chains of different businesses are sufficiently similar to present opportunities. - Answer - for crossbusiness use of potent brand name and/or cross-business collaboration to build new or stronger competitive capabilities. The nine-cell attractiveness-strength matrix provides strong logic for - Answer - fully funding the resource needs of competitively strong businesses in attractive industries, investing selectively in businesses with intermediate positions on the grid, and getting rid of competitively weak businesses in unattractive industries unless they generate sizable cash flows that can be redeployed elsewhere. A diversified company's business units exhibit good resource fit when - Answer - a company has the resources to adequately support the requirements of its entire group of businesses without spreading itself too thin and when individual businesses add to a company's overall resources strengths. Based on information presented in figure 8.1, which of the following would NOT be something to look for in identifying a diversified company's strategy? - Answer - The competitive strategy each business in employing to try to build a competitive advantag