Multiple Choice
The emergence of "conglomerates"-widely diversified companies-during the 1960s and 1970s was a result of:
A) The desire of companies to escape low growth industries
B) The belief that the tools of strategic and financial management could be applied to any type of business
C) The willingness of some CEOs to ignore shareholder interests and order to build large corporate empires
D) Loose monetary policies that increased the availability of corporate finance.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: If a utility company supplies both gas
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
Q15: If a company can deploy its intellectual
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