Firms that have selected a related diversification corporate-level strategy seek to exploit:
A) control shared among business-unit managers.
B) market power.
C) the favorable demand of buyers.
D) economies of scope between business units.

Question

Quizplus · Accepted Answer

Firms that have selected a related diversification strategy seek to exploit economies of scope between business units. This means that by operating in related markets, the businesses can share resources and knowledge, leading to cost savings and increased efficiency.

Firms That Have Selected a Related Diversification Corporate-Level Strategy Seek