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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?

The organization's market share relative to the market leader Signup and view all the answers

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

Related diversification Signup and view all the answers

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

Coordinating linkages with external actors Signup and view all the answers

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

Decisions about pricing strategies for existing products Signup and view all the answers

What is a potential benefit of corporate diversification?

Reduced exposure to industry-specific risks Signup and view all the answers

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

Increased market power and bargaining leverage Signup and view all the answers

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

Providing strategic direction and resource allocation across businesses Signup and view all the answers

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

Increased ability to leverage core competencies 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?

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