What is meant by the term "strategic fit"? What are the advantages of pursuing strategic fit and matchups in choosing which industries to diversify into?

What will be an ideal response?


A related diversification strategy involves building the company around businesses where there is good strategic fit across corresponding value chain activities. Strategic fit exists whenever one or more activities constituting the value chains of different businesses are sufficiently similar to present opportunities for cross-business sharing or transferring of the resources and capabilities that enable these activities. Related diversification is based on value chain matchups with respect to key value chain activities-those that play a central role in each business's strategy and that link to its industry's key success factors.

Business

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The SLII model is divided into two parts: ______.

A. leadership attributes and follower skills B. leadership skills and follower development level C. leadership development levels and follower behaviors D. leadership style and follower development level

Business

The NAICS classification is based onĀ 

A. production activities. B. customer size. C. country of origin. D. marketing activities. E. number of employees.

Business

The minimum requirements for a new system are also its mandatory features

Indicate whether the statement is true or false

Business

What is at the core of systems analysis?

A) The project B) The systems analyst C) Procedures D) Collection of information

Business