MGMT 495 FINAL EXAM GUIDE
MGMT 495 FINAL EXAM GUIDE WITH GUARANTEED ACCURATE ANSWERS
Diversification - ACCURATE ANSWERS✔✔ an increase in the variety
of products and services a firm offers, or markets and geographic regions
in which it competes
product diversification - ACCURATE ANSWERS✔✔ corporate strategy
in which a firm is active in several different product markets
Richard Rumelt's product market diversification typology - ACCURATE
ANSWERS✔✔ 1. Percentage of revenue from the dominant or primary
business
2. The extent to which core competencies used across product markets
are related or unrelated
,single business - ACCURATE ANSWERS✔✔ low level of
diversification... derives 95% or more of its revenue from a single
product
dominant business - ACCURATE ANSWERS✔✔ derives 70-95% of its
revenue from a single product
related diversification strategy - ACCURATE ANSWERS✔✔ corporate
strategy in which a firm derives less than 70% of its revenue from a
single product/service, and obtains the rest of its revenue from activities
that are linked/related to the primary product/service
related constrained diversification strategy - ACCURATE
ANSWERS✔✔ a kind of related diversification strategy in which
executives pursue only businesses where they can apply the resource and
core competencies already available in the primary business
related linked diversification strategy - ACCURATE ANSWERS✔✔ a
kind of related diversification strategy in which executives pursue
various business opportunities that share only a limited number of
linkages
unrelated diversification strategy - ACCURATE ANSWERS✔✔
corporate strategy in which a firm derives less than 70% of revenues
from a single product/service, and there are a few, if any, linkages
among the businesses
, conglomerate - ACCURATE ANSWERS✔✔ company that combines 2+
strategic business units under one overarching corporation, and follows
an unrelated diversification strategy
geographic diversification - ACCURATE ANSWERS✔✔ corporate
strategy in which a firm is active in several different geographic markets
(e.g., different regions or national markets)
geographic diversification strategy - ACCURATE ANSWERS✔✔
corporate strategy with a singular focus on geographic variety
product diversification strategy - ACCURATE ANSWERS✔✔ corporate
strategy with a singular focus on product/service variety
product-market diversification strategy - ACCURATE ANSWERS✔✔
corporate strategy in which a firm is active in multipe product markets
and multiple geographic markets
core competence-market matrix - ACCURATE ANSWERS✔✔
framework to guide corporate diversification strategy by analyzing
possible combinations of existing/new core competencies and
existing/new markets
diversification discount - ACCURATE ANSWERS✔✔ situation in
which the stock price of highly diversified firms is valued at less than
the sum of their individual business units
MGMT 495 FINAL EXAM GUIDE WITH GUARANTEED ACCURATE ANSWERS
Diversification - ACCURATE ANSWERS✔✔ an increase in the variety
of products and services a firm offers, or markets and geographic regions
in which it competes
product diversification - ACCURATE ANSWERS✔✔ corporate strategy
in which a firm is active in several different product markets
Richard Rumelt's product market diversification typology - ACCURATE
ANSWERS✔✔ 1. Percentage of revenue from the dominant or primary
business
2. The extent to which core competencies used across product markets
are related or unrelated
,single business - ACCURATE ANSWERS✔✔ low level of
diversification... derives 95% or more of its revenue from a single
product
dominant business - ACCURATE ANSWERS✔✔ derives 70-95% of its
revenue from a single product
related diversification strategy - ACCURATE ANSWERS✔✔ corporate
strategy in which a firm derives less than 70% of its revenue from a
single product/service, and obtains the rest of its revenue from activities
that are linked/related to the primary product/service
related constrained diversification strategy - ACCURATE
ANSWERS✔✔ a kind of related diversification strategy in which
executives pursue only businesses where they can apply the resource and
core competencies already available in the primary business
related linked diversification strategy - ACCURATE ANSWERS✔✔ a
kind of related diversification strategy in which executives pursue
various business opportunities that share only a limited number of
linkages
unrelated diversification strategy - ACCURATE ANSWERS✔✔
corporate strategy in which a firm derives less than 70% of revenues
from a single product/service, and there are a few, if any, linkages
among the businesses
, conglomerate - ACCURATE ANSWERS✔✔ company that combines 2+
strategic business units under one overarching corporation, and follows
an unrelated diversification strategy
geographic diversification - ACCURATE ANSWERS✔✔ corporate
strategy in which a firm is active in several different geographic markets
(e.g., different regions or national markets)
geographic diversification strategy - ACCURATE ANSWERS✔✔
corporate strategy with a singular focus on geographic variety
product diversification strategy - ACCURATE ANSWERS✔✔ corporate
strategy with a singular focus on product/service variety
product-market diversification strategy - ACCURATE ANSWERS✔✔
corporate strategy in which a firm is active in multipe product markets
and multiple geographic markets
core competence-market matrix - ACCURATE ANSWERS✔✔
framework to guide corporate diversification strategy by analyzing
possible combinations of existing/new core competencies and
existing/new markets
diversification discount - ACCURATE ANSWERS✔✔ situation in
which the stock price of highly diversified firms is valued at less than
the sum of their individual business units
