Which of the following is a strength of a concentration strategy?
A) Product obsolescence will rarely affect a firm pursuing this strategy
B) Executives can develop in-depth knowledge of the business
C) Risk of bankruptcy is minimal
D) Firms pursuing this strategy are rarely acquired by another firm
E) Changes in the environment can dramatically alter profitability
Correct Answer:
Verified
Q1: Most acquisitions are financially beneficial to the
Q2: Acquisitions are a common type of merger.
Q4: Concentration is the most complex corporate-level strategy.
Q5: A common criticism that applies to many
Q6: What has been observed as the relationship
Q7: Management of resources is a major corporate-level
Q8: Direction setting is a major corporate-level strategic
Q9: Which of the following is a weakness
Q10: Which of the following is not considered
Q11: Synergy among businesses is created instantly if
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