question archive Lucy's company sets strategic targets that managers use to measure whether the company has developed the core competencies it needs to achieve a sustainable competitive advantage

Lucy's company sets strategic targets that managers use to measure whether the company has developed the core competencies it needs to achieve a sustainable competitive advantage

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Lucy's company sets strategic targets that managers use to measure whether the company has developed the core competencies it needs to achieve a sustainable competitive advantage.

 

Which of the following best explains the situation?

 

Strategic reference points.

Strategic group.

Benchmarking. 

Strategic dissonance.


Which of the following is true about the U-shaped relationship between diversification and risk?

 

Unrelated diversification has the lowest risk.

 

Single business, related diversification, and unrelated diversification have same risk.

 

Single business tends to be riskier than related diversification.

 

Single business tends to be less risky than related diversification.

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