Exam 7: Long-Term Objectives and Strategies

To achieve long-term prosperity,strategic managers commonly establish long-term objectives in seven areas.Which of the following describes one of these areas?

If a donut corporation acquires a flour company,this strategy would be called:

When diversification involves additions of a business related to the firm in terms of technology,markets or products,it involves:

If a business is sold for its tangible asset value,the strategy is one of:

Which of the following is NOT a commonly pursued long-term objective as described in the text?