The most popular strategy for entering new businesses and accomplishing diversification is
A) forming a joint venture with another company to enter the target industry.
B) internal startup.
C) acquisition of an existing business already in the chosen industry.
D) forming a strategic alliance with another company to enter the target industry.
E) None of these-strategic alliances and joint ventures are equally popular and rank well ahead of acquisition and internal start-up in terms of frequency of use.
Correct Answer:
Verified
Q2: The three tests for judging whether a
Q3: The cost-of-entry test for evaluating whether diversification
Q4: The task of crafting corporate strategy for
Q5: The attractiveness test for evaluating whether diversification
Q9: A company can best accomplish diversification into
Q11: Internal development of a new business subsidiary
Q12: Which one of the following is not
Q13: Diversification becomes a relevant strategic option when
Q15: Diversification merits strong consideration whenever a single-business
Q18: To test whether a particular diversification move
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