____ are corporate-level strategies for becoming a diversified firm.
A) Internal developments of new products
B) Backward vertical integrations
C) Mergers
D) Acquisitions
E) All of these choices

Question

Quizplus · Accepted Answer

All of these choices are corporate-level strategies for becoming a diversified firm. Internal developments of new products involve creating new products or services within the company, while backward vertical integration involves acquiring or establishing businesses that supply inputs to the company's existing operations. Mergers involve combining two companies into a single entity, while acquisitions involve purchasing another company outright. All of these strategies can be used to diversify a company's operations and increase its competitiveness in the market.

____ Are Corporate-Level Strategies for Becoming a Diversified Firm