When GE reduced its emphasis in electronic markets by acquiring firms in the financial services sector,it did so in part to reshape:
A) the structure of its industry.
B) its manufacturing processes.
C) its competitive scope.
D) its new product development process.

Question

Quizplus · Accepted Answer

By acquiring firms in the financial services sector, GE shifted its competitive scope away from the electronic markets and towards the financial services sector. This reshaped the focus of the company and expanded its offerings beyond electronics.

When GE Reduced Its Emphasis in Electronic Markets by Acquiring