Knowee
Questions
Features
Study Tools

A company that pursues both a product and a geographic diversification strategy simultaneously follows a Blank______ diversification strategy.Multiple choice question.geographicspecialized assetproduct-marketproduct

Question

A company that pursues both a product and a geographic diversification strategy simultaneously follows a Blank______ diversification strategy.Multiple choice question.geographicspecialized assetproduct-marketproduct

🧐 Not the exact question you are looking for?Go ask a question

Solution

The correct answer is "product-market" diversification strategy. This strategy involves both diversifying the products a company offers and the markets it operates in.

Similar Questions

A firm that is active in several different countries is pursuing a(n) Blank______ diversification strategy.Multiple choice question.leveraged competencypositive effectunlimitedgeographic

A firm follows a(n) Blank______ diversification strategy when it derives less than 70% of its revenues from a single business activity and obtains revenues from other lines of business that are linked to the primary business activity.Multiple choice question.singlerelateddominantunrelated

When pursuing an international strategy, a company Blank______.Multiple choice question.sells the same product in both domestic and foreign marketssells only low-cost options of their core product in foreign marketsdoes not sell domesticallysells locally customized products in each market

A non-diversified company focuses on which of the following?Multiple choice question.specialized asset firmsa single marketseveral different industriesvertically integrated firms

A Blank______ merger is the combination of two firms that produce one or more of the same or closely related products in the same geographic area.Multiple choice question.market extensionverticalhorizontalproduct extension

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.