What is the name of the process for developing new businesses as an outgrowth of a company's established business operations?
A)corporate venturing
B)value chain integration
C)resource capability process
D)diversification activity capabilities
E)business launch

Question

Quizplus · Accepted Answer

Corporate venturing refers to the process of developing new businesses as an outgrowth of a company's established business operations. This approach allows companies to leverage their existing resources and capabilities to pursue new growth opportunities. Option B, value chain integration refers to the process of integrating suppliers and customers into a company's value chain, while option C and D are not relevant to the process of developing new businesses. Option E, business launch, is too broad and does not specifically refer to the process of developing new businesses as an outgrowth of an established business.

What Is the Name of the Process for Developing New