True/False
If a company can deploy its intellectual property in a different industry,the higher are the transaction costs of licensing that intellectual property,the more likely it is that the firm will choose to diversify into that industry.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Diversification whose sole impact is to reduce
Q11: The key difference between economies of scale
Q12: Diversification that reduces unsystematic risk is likely
Q13: The failure of empirical research to find
Q14: The emergence of "conglomerates"-widely diversified companies-during the
Q16: One reason for the inconsistent findings over
Q17: The general trend of the past four
Q18: The history of diversification since the mid-20<sup>th</sup>
Q19: The key drivers of diversification for most
Q20: Harold Geneen's statement that: "Telephones,hotels,insurance-it's all the