Firms that have selected a related diversification corporate-level strategy seek to exploit:
A) Control shared among business-unit managers
B) Economies of scope between business units
C) The favourable demand of buyers
D) Market power

Question

Quizplus · Accepted Answer

Related diversification strategy relies on economies of scope between business units, which means exploiting similarities in different business units to create efficiencies and save costs. This can lead to a competitive advantage for the firm. The other options are not directly related to related diversification strategy.

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