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    Essentials of Strategic Management Study Set 2
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    Exam 8: Corporate Strategy: Diversification and the Multibusiness Company
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    Identify and Explain the Meaning and Strategic Significance of Each
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Identify and Explain the Meaning and Strategic Significance of Each

Question 99

Question 99

Essay

Identify and explain the meaning and strategic significance of each of the following terms:
a.related diversification
b.strategic fit
c.economies of scope
d.retrenching
e.unrelated diversification

Correct Answer:

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Businesses are related when their value ...

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