A watch manufacturer acquires a tannery that would produce premium leather straps for its brand of wristwatches.The firm acquires a smaller company that specializes in waterproofing wristwatches.Which of the following strategies is the watch manufacturer adopting in this case?
A) Conglomerate diversification
B) Unrelated diversification
C) Concentric diversification
D) Market penetration
Correct Answer:
Verified
Q65: Divestiture and harvesting are strategies that most
Q66: List a few reasons why firms are
Q67: In the BCG growth-share matrix,a business's _
Q68: Strategic business units are:
A)two or more independent
Q69: _ occurs when a firm moves upstream
Q71: The amount of return a strategy or
Q72: Hungry Hogs,a fast-food joint based in America,is
Q73: Which of the following growth strategies is
Q74: Which of the following is an example
Q75: Describe the five components within a well-developed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents