M10 is often used after a corporation acquires a multiunit corporation in order to shed the units that do notfit with the corporation's new strategy. This is why Whirlpool sold Maytag's Hoover vacuum cleaner unit afterWhirlpool purchased Maytag." Which strategy is the correct one to fill in the gap?a)Diversification strategyb) Divestment strategy(Captive company strategyTurnaround strategyd)

An organization wants to shut down the units that does not meet with company's goals and objectives.…

Answered: is often used after a corporation…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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4. At what stage of the industry life cycle would a company face an influx of competition A. Start-upB. ConsolidationC. MaturityD. Relative decline 5. which of the following is not a generic strategy by which firms can gain a competitive advantageA. A cost leadership strategyB. A non-diversifiable strategyC. A broad market differentiation D. A focus cost 6. In which stage of the industry cycle is it most difficult for the analysts to assess industry prospects and identify the leading companies?A. Consolidation stageB. Start-up stageC. Maturity stageD. Relative decline stage
11) Which of the following questions is appropriate as a measure of corporate strategy? a) What does the company’s stock price reflect with regard to the diversification strategy? b) How do we reduce the lead time in manufacturing a product? c) Should we offer a rebate or free delivery in marketing and pricing a product? d) Within a business should we follow a low cost or a differentiation strategy?
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