The key ways by which a firm can diversify are __________, _________, and ________.

A.
mergers and acquisitions; differentiation; overall cost leadership

B.
mergers and acquisitions; joint ventures and strategic alliances; internal development

C.
mergers and acquisitions; internal development; differentiation

D.
joint ventures and strategic alliances; integration of value chain activities; acquiring
human capital

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A lullaby warmer by GE Healthcare was developed in India to provide a low-cost and less
resource intensive neonatal care product. It is an example of _____________.

A.
Frugal innovation

B.
Radical innovation

C.
Process innovation

D.
Reverse innovation

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A low cost leader strategy is associated with _____________ and _____________ is related
with a differentiation strategy.

A.
product innovations; service innovations

B.
marketing innovations; management innovations

C.
process innovations; product innovations

D.
radical innovations; instrumental innovations

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The success of software services industry in India is not contingent on which of the
following factors?

A.
tax and antitrust legislation that protects the dominant players in the industry

B.
large, growing market and sophisticated customers

C.
large pool of skilled workers
D.
large network of public and private educational institutions

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In an organization which of the following factors are easier to describe compared to the
leadership style

A.
systems

B.
skills

C.
shared values

D.
staff

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A strategy for creating an uncontested marketplace for a company is known as
_____________.

A.
Diversification strategy

B.
Blue ocean strategy

C.
Differentiation strategy

D.
Internationalization strategy

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Meghan Industries, a garment manufacturer, enhances its control over raw materials by
producing much of its own polypropylene fiber which is a key input in its manufacturing
process. This is an example of _______________.

A.
using related diversification to achieve value by integrating vertically in order to attain
economies of scope

B.
using related diversification to achieve value by pooling negotiating power to achieve
market power

C.
using related diversification to achieve value by leveraging core competencies to achieve
economies of scope

D.
using related diversification to achieve value by integrating vertically in order to acquire
market power

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Many a times in diversification the advantage is achieved by sharing core competency. In
such a scenario for a diversification strategy to be most successful, it is important
that_____________.

A.
the target market is the same, even if the products are very different

B.
the similarity required for sharing core competencies must be in the value chain, not in
the product

C.
the methods of production are the same

D.
the products use similar distribution channels

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A functional structure organization diversifying into related products in the domestic
industry, it generally _____________.

A.
develops a worldwide product-division structure

B.
develops a divisional structure

C.
develops a matrix structure

D.
maintains its functional structure

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If a firm expanding into global markets is facing high pressures to locally adapt its
offerings. Then such a firm should choose which strategy to compete in global
marketplace?

A.
Multi domestic strategy

B.
International strategy

C.
Global strategy

D.
Transnational strategy