Multiple Choice
When a company decides to expand into new industries, it must:
A) develop a "multibusiness model" that justifies its entry into different businesses.
B) halt marketing activities in the current industry to avoid being associated with one specific industry.
C) select a new CEO and reappoint the board of directors.
D) create one common business model for all the industries rather than each business unit.
E) avoid talking about ways of increasing profitability in the business model.
Correct Answer:

Verified
Correct Answer:
Verified
Q36: Vertical integration can raise costs if, over
Q37: When technology in an industry is changing
Q38: The difference between full integration and taper
Q39: Long-term contracts:<br>A) are preferable to short-term contracts
Q40: Strategic alliances are:<br>A) short-term agreements between two
Q42: SparklingLeaves is one of the major suppliers
Q43: Which of the following would be a
Q44: Rachel, a new mom, is shopping for
Q45: Which of the following would be a
Q46: The final part of the strategy-formulation process