GEB 4890 - Final Exam questions and
answers rated A+
Who is in charge of the task of crafting a diversified company's overall strategy? - correct answer
✔✔ Top level executives
What are the 3 distinct facets when crafting the corporate strategy? - correct answer ✔✔ 1.
Picking new industries to enter and deciding on the means of entry.
2. Pursuing opportunities to leverage cross-business value chain relationships, where there is a
strategic fit, into competitive advantage
3. Initiating actions to boost the combined performance of the corporation's collection of
business.
When picking new industries to enter and deciding on the means of entry one must choose
between...under the diversification strategy(3) - correct answer ✔✔ entering by starting a new
business from the ground up.
Or
by acquiring a company already in the target industry
Or
Forming a joint venture or strategic alliance with another company
Pursuing opportunities to leverage cross-business value chain relationships, where there is a
strategic fit, into competitive advantage.... means determining whether there are opportunities
to strengthen by... - correct answer ✔✔ 1. transferring competitively valuable resources and
capabilities from one business to another
2. Combining related value chain activities of diff. business to achieve lower costs
3. Sharing use of a powerful and well-respected brand name across multiple businesses
4. Encouraging knowledge sharing and collaborative activity among the businesses
, Initiating actions to boost the combined performance of the corporation's collection of business
include.... - correct answer ✔✔ 1. Sticking closely with the existing business lineup & pursuing
opportunities presented by these businesses.
2. Broadening the scope of diversification by entering additional industries
3. Retrenching to a narrower scope of diversity by divesting poorly performing businesses or
those that didn't fit into mgmt long-range plans
4. Broadly restructuring the entire company by divesting some businesses, acquiring others, and
reorganizing, to put a whole new face on the company's business line up.
Corporate executies are held accountable to produce... - correct answer ✔✔ good financial and
strategic results
What is step 1 for crafting a diversification strategy entail? - correct answer ✔✔ Picking new
industries to enter and deciding on the means of entry
What is step 2 for crafting a diversification strategy entail? - correct answer ✔✔ Pursuing
opportunities to leverage cross-business value chain relationships and strategic fit into
competitive advantage
What is step 3 for crafting a diversification strategy entail? - correct answer ✔✔ Establishing
investment priorities and steering corporate resources into the most attractive business units
When should a firm consider diversifying? - correct answer ✔✔ 1. Growth opportunities are
limited as its principal markets reach their maturity and buyer demand is either stagnating or
set to decline.
2. Changing industry conditions—new technologies, inroads being made by substitute products,
fast-shifting buyer preferences, or intensifying competition—are undermining the firm's
competitive position.
answers rated A+
Who is in charge of the task of crafting a diversified company's overall strategy? - correct answer
✔✔ Top level executives
What are the 3 distinct facets when crafting the corporate strategy? - correct answer ✔✔ 1.
Picking new industries to enter and deciding on the means of entry.
2. Pursuing opportunities to leverage cross-business value chain relationships, where there is a
strategic fit, into competitive advantage
3. Initiating actions to boost the combined performance of the corporation's collection of
business.
When picking new industries to enter and deciding on the means of entry one must choose
between...under the diversification strategy(3) - correct answer ✔✔ entering by starting a new
business from the ground up.
Or
by acquiring a company already in the target industry
Or
Forming a joint venture or strategic alliance with another company
Pursuing opportunities to leverage cross-business value chain relationships, where there is a
strategic fit, into competitive advantage.... means determining whether there are opportunities
to strengthen by... - correct answer ✔✔ 1. transferring competitively valuable resources and
capabilities from one business to another
2. Combining related value chain activities of diff. business to achieve lower costs
3. Sharing use of a powerful and well-respected brand name across multiple businesses
4. Encouraging knowledge sharing and collaborative activity among the businesses
, Initiating actions to boost the combined performance of the corporation's collection of business
include.... - correct answer ✔✔ 1. Sticking closely with the existing business lineup & pursuing
opportunities presented by these businesses.
2. Broadening the scope of diversification by entering additional industries
3. Retrenching to a narrower scope of diversity by divesting poorly performing businesses or
those that didn't fit into mgmt long-range plans
4. Broadly restructuring the entire company by divesting some businesses, acquiring others, and
reorganizing, to put a whole new face on the company's business line up.
Corporate executies are held accountable to produce... - correct answer ✔✔ good financial and
strategic results
What is step 1 for crafting a diversification strategy entail? - correct answer ✔✔ Picking new
industries to enter and deciding on the means of entry
What is step 2 for crafting a diversification strategy entail? - correct answer ✔✔ Pursuing
opportunities to leverage cross-business value chain relationships and strategic fit into
competitive advantage
What is step 3 for crafting a diversification strategy entail? - correct answer ✔✔ Establishing
investment priorities and steering corporate resources into the most attractive business units
When should a firm consider diversifying? - correct answer ✔✔ 1. Growth opportunities are
limited as its principal markets reach their maturity and buyer demand is either stagnating or
set to decline.
2. Changing industry conditions—new technologies, inroads being made by substitute products,
fast-shifting buyer preferences, or intensifying competition—are undermining the firm's
competitive position.
