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Corporate-level Strategy Options Quiz
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Corporate-level Strategy Options Quiz

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Questions and Answers

What is the MAIN benefit of a corporate diversification strategy?

  • Increasing management complexity and reducing focus
  • Lack of competitive resources and market position
  • Reducing risks by investing in different businesses (correct)
  • Reducing financial economies of scale

    • What is the KEY difference between related and unrelated diversification?

  • Related diversification is based on core technologies or competencies, while unrelated diversification is not (correct)
  • Related diversification is more complex to manage, while unrelated diversification is simpler
  • Related diversification has common customers or suppliers, while unrelated diversification does not
  • Related diversification is focused on the value chain, while unrelated diversification is not

    • What is the purpose of a portfolio matrix approach for managing multiple businesses?

  • To analyze the competitive position of each business
  • To balance financial outcomes and growth across the portfolio (correct)
  • To determine the optimal level of vertical integration
  • To ensure all businesses are at the same stage of development

    • What does the 'relative market share' dimension represent in the BCG Matrix?

    <p>The organization's market share relative to the market leader</p> Signup and view all the answers

    What type of diversification strategy is characterized by common customers, suppliers, and core technologies?

    <p>Related diversification</p> Signup and view all the answers

    Which of the following is a key benefit of vertical integration according to the text?

    <p>Coordinating linkages with external actors</p> Signup and view all the answers

    Which of the following is NOT one of the two main elements of corporate-level strategy?

    <p>Decisions about pricing strategies for existing products</p> Signup and view all the answers

    What is a potential benefit of corporate diversification?

    <p>Reduced exposure to industry-specific risks</p> Signup and view all the answers

    Which of the following is NOT a potential cost or disadvantage of corporate diversification?

    <p>Increased market power and bargaining leverage</p> Signup and view all the answers

    Which of the following best describes the role of corporate headquarters in a diversified company?

    <p>Providing strategic direction and resource allocation across businesses</p> Signup and view all the answers

    What is the primary advantage of related diversification compared to unrelated diversification?

    <p>Increased ability to leverage core competencies</p> Signup and view all the answers

    Which of the following tools can be used to evaluate and manage a company's business portfolio in a diversified corporation?

    <p>Business portfolio matrix (e.g., BCG matrix)</p> Signup and view all the answers

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