Essentials of Strategic Management: The Quest for Competitive Advantage 4th Edition by John Gamble, Arthur Thompson, Margaret Peteraf

Exercise 1

Peruse the business group listings for United Technologies shown below and listed at its website ( www.utc.com ). How would you characterize the company's corporate strategy? Related diversification, unrelated diversification, or a combination related-unrelated diversification strategy? Explain your answer.
Carrier-the world's largest provider of air-conditioning, heating, and refrigeration solutions.
Hamilton Sundstrand-technologically advanced aerospace and industrial products.
Otis-the world's leading manufacturer, installer, and maintainer of elevators, escalators, and moving walkways.
Pratt Whitney-designs, manufactures, services, and supports aircraft engines, industrial gas turbines, and space propulsion systems.
Sikorsky-a world leader in helicopter design, manufacture, and service.
UTC Fire Security-fire and security systems developed for commercial, industrial, and residential customers.
UTC Power-a full-service provider of environmentally advanced power solutions.