Which of the following is not one of the suggested appeals of an unrelated diversification strategy?

A. The ability to spread business risk over truly diverse businesses (as compared to related diversification, which is limited to spreading risk only among businesses with strategic fit)
B. An ability to employ the company's financial resources to maximum advantage by investing in whatever industries/businesses offer the best profit prospects
C. Superior top management ability to cope with the wide variety of problems encountered in managing a broadly diversified group of businesses
D. A potential for achieving somewhat more stable corporate sales and profits over the course of economic upswings and downswings (to the extent the company diversifies into businesses whose ups and downs tend to occur at different times)
E. The potential to grow shareholder value by investing in bargain-priced companies with big upside profit potential


C. Superior top management ability to cope with the wide variety of problems encountered in managing a broadly diversified group of businesses

Business

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An account you would not expect to find under the heading of "Current Assets" in a chart of accounts is

a. Merchandise Inventory; b. Accounts Receivable; c. Cash; d. Supplies; e. Purchases.

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The ability to visualize an object, concept, or action not actually present is referred to as:

A) audio-visual aids B) concentration C) visualization D) imaging E) mental imagery

Business

On the statement of cash flows, a $20,000 gain on the sale of fixed assets would be

A) added to net income in converting the net income reported on the income statement to cash flows from operating activities B) deducted from net income in converting the net income reported on the income statement to cash flows from operating activities C) added to dividends declared in converting the dividends declared to the cash flows from financing activities related to dividends D) deducted from dividends declared in converting the dividends declared to the cash flows from financing activities related to dividends

Business

Toyota’s quality control initiative was referred to initially as?

a. TQC b. TQM c. TQD d. TQP

Business