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concentric diversification
Type of diversification where a firm acquires or develops new products or services (closely related to its core business or technology) to enter one or more new markets.
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∙ 14y ago
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What are the major advantage and disadvantage of concentric diversification?
what are the major advantage and disadvantage of concentric diversification?
Define Microsoft's level of diversification strategy it is using?
concentric
Which of these is an attractive strategy for a cash cow division?
concentric diversification
When diversification involves additions of a business related to the firm in terms of technology markets or products it involves?
Concentric Diversification
The difference between concentric diversification and conglomerate diversification?
Concentric diversification occurs when a firm adds related products or markets. The goal of such diversification is to achieve strategic fit. Strategic fit allows an organization to achieve synergy. In essence, synergy is the ability of two or more parts of an organization to achieve greater total effectiveness together than would be experienced if the efforts of the independent parts were summed. Conglomerate diversification occurs when a firm diversifies into areas that are unrelated to its current line of business. Synergy may result through the application of management expertise or financial resources, but the primary purpose of conglomerate diversification is improved profitability of the acquiring firm. Little, if any, concern is given to achieving marketing or production synergy with conglomerate diversification.
Difference between concentric and conglomerate diversification?
Concentric diversification occurs when a firm adds related products or markets. The goal of such diversification is to achieve strategic fit. Strategic fit allows an organization to achieve synergy. In essence, synergy is the ability of two or more parts of an organization to achieve greater total effectiveness together than would be experienced if the efforts of the independent parts were summed. Conglomerate diversification occurs when a firm diversifies into areas that are unrelated to its current line of business. Synergy may result through the application of management expertise or financial resources, but the primary purpose of conglomerate diversification is improved profitability of the acquiring firm. Little, if any, concern is given to achieving marketing or production synergy with conglomerate diversification.
Is flexion eccentric or concentric?
Concentric
What are diversification?
Different diversification rates for two clades of animals.
What is supplemental diversification?
Different diversification rates for two clades of animals
What are Diversification Rates?
Different diversification rates for two clades of animals.
What are facts about the concentric castles?
What is concentric castle like
When is a company likely to choose related diversification and unrelated diversification?
Hell to the prof
