Stanley's services finn wants to enter an embryonic market, but it doesn't have enough cash to purchase the required assets.Which of the following strategies would you recommend to Stanley?
A)DiversifY through acquisition
B)Do not diversifY at all
C)DiversifY with an internal new venture
D)DiversifY with a joint venture
E)DiversifY through vertical integration

Question

Quizplus · Accepted Answer

Diversifying with a joint venture can provide access to the required assets without requiring Stanley to purchase them outright. This can help mitigate financial risk while still allowing Stanley to enter the embryonic market.

Stanley's Services Finn Wants to Enter an Embryonic Market, but It