Companies that concentrate on just one industry may miss out on opportunities to increase their profitability by leveraging their distinctive competencies to make and sell products in new industries.
Correct Answer:
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Q1: Companies with a strong track record of
Q3: Free cash flow refers to additional funds
Q6: Diversification is the process of a company
Q7: For diversification to increase profitability,a company's top
Q11: A company can increase the probability of
Q12: Multipoint competition occurs when companies compete against
Q13: Intel is an example of a company
Q14: A company should pursue related diversification only
Q18: Transferring competencies across industries involves taking a
Q19: A 100-year-old industrial giant,3M serves as an
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