True/False
According to Porter, industry attractiveness is not enough to justify diversification. There needs to be additional competitive advantage, and the entry cost should not be more than the profits are worth
Correct Answer:
Verified
Correct Answer:
Verified
Q31: The primary source of creating competitive advantage
Q32: Capabilities resting upon the complex skills of
Q33: Pharmaceuticals, corporate legal services, and defense contracting
Q34: When a diversified firm combines unrelated businesses:<br>A)Research
Q35: Management thinking in the 1990's began to
Q37: In theory, the lower risks of a
Q38: Which of the two, the individual investor
Q39: When the business environment becomes turbulent, diversified
Q40: Which of these three tests dominate in
Q41: Economies of scale and economies of scope